Bigtex
VIP Member
- Aug 14, 2012
- 1,323
- 2,005
The consumer price index for “food at home” rose 0.2 percent in August after climbing 0.3 percent in July. The cumulative effect has been divesting for the budgets of many households. Since February 2021, food-at-home prices are up 19.6 percent.
The index for meats, poultry, fish, and eggs rose 0.8 percent in August. The index for pork rose 2.2 percent. The index for other food at home increased 0.2 percent over the month.
The index for cereals and bakery products rose 0.5 percent for the month. It is up a whopping six percent compared with a year ago.
Fans of frozen pies, tarts, and other frozen bakery products were especially hard hit in August, with prices jumping 1.8 percent. Ice cream prices, however, declined 0.7 percent in August (although they are still up 4.3 percent from a year ago).
Diary and related products saw a 0.4 percent increase in August, reversing the 0.5 percent increase in July.
Dining out also got pricier in August. The index for “food away from home” rose 0.3 percent. Fast food meals rose 0.3 percent and full-service restaurant prices rose 0.2 percent. Compared with a year ago, food away from home prices are up 6.5 percent, including a 6.7 percent increase in fast food meals and 5.3 percent increase in full service restaurant meals.
I got a 4% raise this year, easy to see that got wiped out just with food prices?
The index for meats, poultry, fish, and eggs rose 0.8 percent in August. The index for pork rose 2.2 percent. The index for other food at home increased 0.2 percent over the month.
The index for cereals and bakery products rose 0.5 percent for the month. It is up a whopping six percent compared with a year ago.
Fans of frozen pies, tarts, and other frozen bakery products were especially hard hit in August, with prices jumping 1.8 percent. Ice cream prices, however, declined 0.7 percent in August (although they are still up 4.3 percent from a year ago).
Diary and related products saw a 0.4 percent increase in August, reversing the 0.5 percent increase in July.
Dining out also got pricier in August. The index for “food away from home” rose 0.3 percent. Fast food meals rose 0.3 percent and full-service restaurant prices rose 0.2 percent. Compared with a year ago, food away from home prices are up 6.5 percent, including a 6.7 percent increase in fast food meals and 5.3 percent increase in full service restaurant meals.
I got a 4% raise this year, easy to see that got wiped out just with food prices?