Food prices will climb in 2021 as inflation accelerates

submitted by MarcoPolo from newstarget.com

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[–]ReeferMadness 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (2 children)

I say we all start taking pictures of our grocery receipts (since they all fade away in a month) and keep track of our cost of living increase to get a real measure of inflation. The government statistics aren't accurate.

[–]trident765 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (1 child)

According to this the cost of food has gone up 4%:

https://www.bls.gov/news.release/cpi.t02.htm

The "inflation rate" is lower than this because a year ago the iPhone 11 costed more than the iPhone 11 today.

[–]ReeferMadness 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yeah, inflation numbers are politicized and untrustworthy.