Inflation has fallen. Why are groceries still so expensive?

[Supposn]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

 

[Toddsterpatriot]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

Because we haven't experienced deflation.

 

[EvilEyeFleegle]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

Where you shop has a huge part to play in this.
I shop at WinCo..their prices are constantly lower..often by 20-30% than they are at Kroger-owned stores. WinCo is one of the last stores to offer bulk bins of staples--vastly cheaper than the packaged goods offered at Kroger stores. Albertson's is even more expensive.
Worth noting that WinCo is 100% employee owned..and does not take credit cards. They buy in huge bulk whole-sale months ahead, thus keeping prices low. Huge produce section.

Examples: Orange juice is $6.97 a Gal. at WinCo...$8.49 a gal. at Krogers---$8.99 at Albertsons. Eggs $3.99 18 pack Large AA at WinCo...$5.49 18 pack of medium AA at Safeway.

 

[Parker99]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

Are you saying the government is lying and inflation is much higher than they are telling everyone?

 

[toobfreak]

Inflation has fallen. Why are groceries still so expensive?​

The inflation RATE has dropped. All that means is that things aren't getting more expensive as quickly, not that the cost of actual things has gone down.

Biden has failed us.

 

[airplanemechanic]

Are you saying the government is lying and inflation is much higher than they are telling everyone?

No, the MEDIA is lying to people, just like the fucking libshits on here are. They treat a reduction of inflation as a sign prices are going down. No, it just means THEY AREN'T GOING UP QUITE AS FAST AS THEY WERE BEFORE. That does NOT MEAN THEY ARE GOING DOWN. Inflation was 3% last month, IT'S STILL TOO HIGH.

 

[Oldestyle]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

Inflation hasn't fallen...the rate of increase isn't as high as it was. Do you understand the difference?

 

[protectionist]

Rents havent come down one dime.

We still have inflation That means not only are prices not dropping, THEY'RE STILL GOING UP. ^^^

 

[Oldestyle]

Are you saying the government is lying and inflation is much higher than they are telling everyone?

The Biden Administration is playing with statistics, Parker. They want you to believe that because the rate of inflation isn't increasing as much as it was...that things are getting better. That's akin to being in a submerged submarine that is running out of air and the Captain tells the crew that he has "good news"! "Our rate of decline has slowed!" he announces. When you're underwater that's not a comforting statement! It's the same thing as Biden telling you that the rate of inflation is slowing. You're still going to drown in debt. Understand?

 

[protectionist]

Are you saying the government is lying and inflation is much higher than they are telling everyone?

Yes. The inflation rate typically does not include food, gas , and rent. The things people are most concerned with.

If the inflation rate included housing rents, the inflation rate would recently have been 100-200%.

 

[Parker99]

The Biden Administration is playing with statistics, Parker. They want you to believe that because the rate of inflation isn't increasing as much as it was...that things are getting better. That's akin to being in a submerged submarine that is running out of air and the Captain tells the crew that he has "good news"! "Our rate of decline has slowed!" he announces. When you're underwater that's not a comforting statement! It's the same thing as Biden telling you that the rate of inflation is slowing. You're still going to drown in debt. Understand?

So inflation is not getting better it just slowing down.

What do you mean that Biden does not include food, gas, and rent in inflation but Trump does.

 

[Ringo]

The U.S. cattle herd has fallen to 87.2 million head, the lowest level in 73 years. The reason is that farmers continue to send their cows to slaughter, threatening to keep beef prices stubbornly high for consumers for at least a couple more years while reducing profits for meat processors.
The decline in herds means that the world's largest producing country has fewer cows left to process into beef, at a time when demand for the meat is growing globally. The decline in cow numbers has driven cattle prices up for three consecutive years, with consumer beef prices also rising. A shortage of fattened animals for slaughter has also hurt profits at meat processors including Tyson Foods Inc. and JBS SA.

 

[Toddsterpatriot]

The inflation rate typically does not include food, gas , and rent.

You're such a clown.

 

[Parker99]

The U.S. cattle herd has fallen to 87.2 million head, the lowest level in 73 years. The reason is that farmers continue to send their cows to slaughter, threatening to keep beef prices stubbornly high for consumers for at least a couple more years while reducing profits for meat processors.
The decline in herds means that the world's largest producing country has fewer cows left to process into beef, at a time when demand for the meat is growing globally. The decline in cow numbers has driven cattle prices up for three consecutive years, with consumer beef prices also rising. A shortage of fattened animals for slaughter has also hurt profits at meat processors including Tyson Foods Inc. and JBS SA.

Than why are they going after the farmers and cattle?

 

[Cellblock2429]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

/----/ The accumulated inflation of the last three years is the reason why prices are so high. Inflation continues, but at a slower rate. GEEEZE's Economics 101.
But good news, Valentine's candy has fallen dramatically. Thank you, President Biden.

 

[Cellblock2429]

Yes. The inflation rate typically does not include food, gas , and rent. The things people are most concerned with.

If the inflation rate included housing rents, the inflation rate would recently have been 100-200%.

/----/

 

[Libby von H]

Inflation has fallen. Why are groceries still so expensive?​

​

Excerpted from Washington Post's Bhattan and Stein's 2Feb2024 article, "Inflation has fallen. Why are groceries still so expensive?”.​

Refer to: https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ :
“Ongoing supply chain disruptions, droughts, avian flu, labor shortage and more continue to keep grocery prices high...
… Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period. And while prices of appliances, smartphones and a smattering of other good shave declined, groceries got slightly more expensive last year, with particularly sharp jumps for beef, sugar and juice, among other items. …
… But there is no immediate fix for policymakers. Grocery prices remain elevated due to a mixture of labor shortages tied to the pandemic, ongoing supply chain disruptions, droughts, avian flu and other factors far beyond the administration’s control. Robust consumer demand has also fueled a shift to more expensive groceries, and consolidation in the industry gives large chains the ability to keep prices high, economic policy experts say.
“I think people are waiting for prices to return to what they call 'normal’ — and with the exception of a few things, like eggs —we’re not going to see that. We’re going to see prices stabilize, and that’s likely it,” said Dawn Thilmany, an agricultural economist and professor at Colorado State University ...”.

Only on the ridiculous premise that you exempt cost of groceries from Inflation.
Biden has redefined 'recession' and cooked the labor books and that is undeniable.

But don't think people don't notice

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

I have to laugh, Krugman might have a Nobel Prize but he is not a smart man

 

[luiza]

Only on the ridiculous premise that you exempt cost of groceries from Inflation.
Biden has redefined 'recession' and cooked the labor books and that is undeniable.

But don't think people don't notice

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

I have to laugh, Krugman might have a Nobel Prize but he is not a smart man

He is actually nearly correct in so far as HYPER INFLATION IS JUST AROUND THE CORNER --definitely later this year .
And certainly now after the Terrorist Cyber attack in Baltimore

 

[Cellblock2429]

Only on the ridiculous premise that you exempt cost of groceries from Inflation.
Biden has redefined 'recession' and cooked the labor books and that is undeniable.

But don't think people don't notice

NY Times’ Paul Krugman says ‘inflation is over’ — if you exclude food, gas and rent​

I have to laugh, Krugman might have a Nobel Prize but he is not a smart man

/-----/ "I have to laugh, Krugman might have a Nobel Prize but he is not a smart man"
Well, Krugman is smart enough to know that if he tells the truth, the NY Slimes will usher him out of the door, posthaste.