Posted on 12/12/2023 5:51:06 AM PST by Kaiser8408a
Well, November inflation numbers are out and we see core inflation increased along with shelter.
In November, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 3.1 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in November (SA); up 4.0 percent over the year (NSA).
Yes, core inflation (CPI less food and energy commodities) is up 0.3% in November MoM and up 4% YoY. Shelter is up 0.4% MoM an up 6.5% YoY.
Energy declined considerably but Used Car prices rose.
I’m glad I have no mortgage, or debt.
Bidenomics is da bomb!
> The index for all items less food and energy… <
If you want to avoid the worst of Bidenflation, don’t buy food or use energy.
You’ll be fine.
Well, the only people who like inflation are people with debt.
I have a mortgage but I refinanced at the bottom of the dip. I see people buying houses wit 8-9% interest and I’m just sitting here on my 3.5% interest rate.est
Kevin McCallister’s Grocery Bill Would Be Insane Today. Did You Catch Where the Massive Spike Starts?
Remember Home Alone? He picks up a half-gallon of milk, half-gallon of orange juice, TV dinner, a loaf of Wonderbread, frozen mac and cheese, liquid detergent, saran wrap, a bag of toy soldiers, Snuggle dryer sheets and toilet paper. McCallister uses a dollar off coupon for a grand total of $19.83.
According to the Schnucks grocery store’s website, here’s how much Kevin’s groceries cost today:
Half a gallon of milk: $1.71
GEE IT WOULD COST MORE AT KROGERS 1/2 GALLON OF MILK $2.59 Mac & cheese $3.99 We don’t have Butternut bread, Sara Lee, $3.29.
Half a gallon of milk: $1.71
Half a gallon of OJ: $3.99
Butternut large white bread: $2.79 (Wonderbread not available)
TV dinner: $4.49 (Stouffer’s classic meatloaf frozen meal)
Frozen mac and cheese: $1.49
Tide liquid detergent: $12.99
Saran wrap: $3.39
Snuggle dryer sheets: $2.94
Toilet paper: $7.99
Toy soldiers (not available so Amazon price listed): $9.99
Kevin would have spent a grand total of $54.94 (with Illinois sales tax) in 2023 or $53.94 with his dollar off coupon.
SS COLA is going to be at the 3.2% level come January.
Oil drives the inflation rates. Everything in this country is shipped with fossil fuels. Last time I looked, oil is coming down.
” Don’t understate Joe’s ability to mess thing up.”
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