3 ms·
> Somehow I doubt that price difference is captured by the official 1 - 2% inflation rate. It was captured. It's just that food, and specifically restaurants i
by throw0101a 6y ago
> Somehow I doubt that price difference is captured by the official 1 - 2% inflation rate.
It was captured. It's just that food, and specifically restaurants is only one component of CPI. In Canada it makes up 5% of the basket of goods ("Food" makes up 17%):
* https://www150.statcan.gc.ca/n1/pub/71-607-x/2018016/cpi-ipc-eng.htm https://www150.statcan.gc.ca/n1/pub/71-607-x/2018016/cpi-ipc...
You are probably 'suffering' from familiarity bias:
* https://www.valuewalk.com/2018/08/familiarity-bias-investing/ https://www.valuewalk.com/2018/08/familiarity-bias-investing...
* https://en.wikipedia.org/wiki/Familiarity_heuristic https://en.wikipedia.org/wiki/Familiarity_heuristic