8537
VIP Member
Care to divulge the source of your information?
The Bureau of Labor Statistics. They place the precise methodology right on the interwebs for all to see! You should check it out.
Yeah I must have pulled up a different BLS site because they had 12 months food inflation to June as only being 2.7%
We were discussing 2011. Please read the thread title for verification of that fact.
I guess food inflation must have plummeted between Jan 12 and June 12.
Indeed, the raw numbers are an average of under .2% each month.
Also, I don't believe they adjust for decreases in packaging, they use the term "weight" to mean relative importance, not heaviness or volume
I'm not interested in what you "believe", Frank. I'm interested in the facts.