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In my family, we see it in our food bills. Due to COVID, most other expenses are down, as we drive less, and don't go out to our normal activities (everything
by bcrl 6y ago
In my family, we see it in our food bills. Due to COVID, most other expenses are down, as we drive less, and don't go out to our normal activities (everything from coffee, to restaurants, movies, even just stopping in a corner store on the drive home). However, our food bills are almost double what they were a few years ago. The worst part is that packages of standard food items keep getting smaller which hides this effect in some of the inflation indices - just look at the weight of a package of cookies, or the cost of a pound of beef. But, hey, at least the increase in housing prices is hidden by ridiculously low interest rates.
- dominotw 6y ago> we see it in our food bills I saw this too but ppl point me to govt figures for inflation and its never matches what i experience personally.
- londons_explore 6y agoMy government is pretty expert at changing the method to calculate official inflation figures to make them look lower. Sometimes we include housing, sometimes not. Sometimes we include loan interest, sometimes not... Etc. They are also expert at issuing provisional figures that are usually revised upwards retrospectively many years later.