2 Comments
⭠ Return to thread

It is more complex than than "the preferred narrative", thank you. Shopping at Walmart and Aldi sure do show high inflation which is cognitive dissonance from the headlines. I also think the labor/hourly wage pressure is increasing prices in the arena where most people shop - convenience food, Aldi, etc. I used to think transportation costs were a factor in increasing food costs, but with energy costs lower, labor costs are probably exerting more pressure?

Expand full comment

Quite possibly. Regional inflation data is problematic, so it's hard to develop reliable subindex analyses per MSA or even state, but where there is legitimate wage pressure there could be a knock on effect in food or other prices.

Expand full comment