Food Inflation Hits Highs Not Seen Since 1979

[LV426]

You selectively edited the portion that destroyed your position.

Prove it. Prove that I selectively edited something. Go ahead. I DARE YOU.

Only this time, link to the posts, don't take a screenshot like a little bitchass.

[MAGA MAN]

Also, kind of a bitch move to not include the link to the actual post...but innuendo is pretty much all you're capable of at this point.

So when we look at this thumbnail, what do we see? We see you being quoted in full, not selectively.

You're lying again.

[Life is Golden]

[Grokmaster]

Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-...001717350.html

"IT'S TRANSITORY!!"

[Hawkeye10]

"IT'S TRANSITORY!!"

"It's Putins price hike!!"

[signalmankenneth]

Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-...001717350.html

Grow a victory garden?!!

[Celticguy]

Grow a victory garden?!!

have your incompetent administration stop fucking up the economy.

[BidenPresident]

have your incompetent administration stop fucking up the economy.

You are a pussy. Another Legion/Earl coward.

[TOP]

https://www.upi.com/Top_News/US/2022...8451659619964/
And job cuts are rolling in....

[LV426]

You're lying again.

No, you're just functionally illiterate and a lot dumber than you think.

[Earl]

If only the House goes red in November, Biden's insane spending can be stopped (all spending bills originate in the House).

Of course the insane spending...with the resultant out of control inflation...has already occurred.

One wonders when the national debt reaches one hundred trillion dollars...next Friday?

[Earl]

You are a pussy. Another Legion/Earl coward.

Why don't you come down to sunny Georgia and see who is a coward and who isn't a coward, pendejo.

[LV426]

Although the Consumer Price Index came in lower than expected at 8.5% in July, inflation is continuing to hit grocery shopping. The food-at-home category soared to 13.1 % over the last year, the largest increase since the period ending March 1979, according to the US Labor Department on Wednesday.

Egg prices in particular have been driven higher by one of the worst bird flu outbreaks in US history, killing more than 30 million commercial and wild birds. The crisis hurt egg-laying hens and turkeys the most. Although the outbreak has eased in the US, growers are still repopulating their flocks, which is expected to bring prices down eventually.

Consumers have been fighting inflation by trading down to value brands, IRI said. They’ve also been shopping deals, with IRI saying 55% of ice cream was purchased with coupons in July.

Overall, food prices are up 14% year over year through July, according to the company. The research firm compiles its insights from point-of-sale data.

https://finance.yahoo.com/news/eggs-...001717350.html

Hey just curious...why haven't wages inflated at the same rate as everything else?

[LV426]

have your incompetent administration stop fucking up the economy.

You're the ones who fucked up the economy before COVID:

U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busin...-spot-economy/

Recession officially started in February, researchers say
June 8 2020
https://www.foxbusiness.com/economy/...esearchers-say

A Decline in Capital Investment Reveals the False Promise of Trump’s Tax Bill
https://www.newyorker.com/news/our-c...rumps-tax-bill

[TOP]

This would be funny if it wasn't so true....no one should have to decide between buying groceries and anything else....prices are outrageous...