Talk of The Villages Florida - View Single Post - 3.3% Inflation, R U happy???
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Old 06-19-2024, 07:59 AM
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Quote:
Originally Posted by MrFlorida View Post
Is inflation really down to 3.3 ? They can tell us anything, but how do we prove it ? Face it, our leaders lie to us.
Go the the food store, or buy gas or a new car, prices are still high, and that's inflation to me.
Gas in June 2023 was right about $3.30/gal. Today it is close to $3.00/gal. That would be about a 10% DECREASE.

According to here, the price of a dozen eggs in 2023 was $2.80 but only $2.70 in 2024. That would be about a 3.6% DECREASE. WinnDixie is advertising $2.99 and Walmart is $2.06 so $2.70 is believable.

Inflation numbers are calculated on more than just one particular item on one particular day. There is more than one inflation index and certain items are specifically excluded from certain indices. I believe the 3.3% number for the year-over-year increase for a particular index for a particular month... I just don't know which month or which index or what that index includes/excludes.
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