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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Wed, 08/28/2024 - 1:27pm
Topics: while keith albright cargill inflation the consumer price index cpi june it s louis johnston st benedict st john s university people well what u.s department agriculture as general mills ceo jeff harmening when vice president kamala harris slower food a federal trade commission report but unfi restaurant americans ham oj shelter housing federal reserve minneapolis fed president neel kashkari utilities natural motor insurify i albright it s cpi july minnesota grocery gasoline health year costs consumers due orange care major rate market wages data largely years frozen factors permanently expected cost share rates measures week dropped
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