Comment on Inflation is low. Prices are still high. What gives?

Inflation is low. Prices are still high. What gives?

The declining rate of inflation should feel good. Yet every grocery aisle presents a new math problem. Is this bag of chips worth $5? Do we really pay $6 for a pack of bacon now? And when did frozen orange juice reach almost $4 a can? “While we hear in the news inflation is stabilizing, the reality for the consumer is it’s not,” said Keith Albright, marketing insights and analytics manager at Cargill.

 

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