percentage of the population is having “Frugality Fatigue” - and they are starting to leave generic store brands and beans & rice & staples in favor of more expensive brand name foods.
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I would call that brainwashing, they think that if they plant the thought, it will take root in our minds.
If prices keep going up, we will all be looking for ‘second hand’ food stores.
FOOD - - Consumer Price Index Summary
After rising 0.1 percent in August, the food index declined 0.1 percent in September. The index for food away from home rose 0.1 percent while the food at home index declined 0.3 percent, its eighth decline in the last 10 months.
The September decrease was driven by declines in the indexes for fruits and vegetables, which fell 1.2 percent, and for meats, poultry, fish and eggs, which decreased 1.0 percent.
The index for nonalcoholic beverages was unchanged in September, while the other grocery store food groups posted increases. After declining for nine straight months, the index for dairy and related products rose 0.5 percent in September. The cereals and bakery products index increased 0.3 percent and the index for other food at home rose 0.1 percent.
Over the past year, the food at home index has decreased 2.5 percent, with the fruits and vegetables, dairy, and meat groups all posting significant declines.
The food index has declined 0.2 percent since September 2008, the first 12-month decrease since April 1967.