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For anyone who doesn't know, this is actually the truth and not an exaggeration.
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Lol, inflation is under 2%?
Sure, if you exclude energy, food, and virtually everything else that people buy on a regular basis.
iPad's and flat screen TV's are the benchmark now.
For anyone who doesn't know, this is actually the truth and not an exaggeration.
Energy is way down. That's a huge component of the amount of money people spend. Food is still expensive but those pressures are waning. Remember, the last 2 years had anomalies in the beef and pork industries with regards to their pricing.
In the last 52 weeks Gasoline has fallen 25%.
So, if energy levels stay here for a while, I don't know if they will, probably not, then the pressures on food prices should fall. Because the same fuel you put into your car is correlated to all the fuel the farmers and truckers use to fuel their vehicles and implements.