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They made a point to note the price of eggs did in fact fall!!!
It was noted that apparel inflation went negative so the prices fell which is surprising given the importation factor
The price of beef definitely went up in the past couple months. Big bummer since I eat a LOT of beef.
There’s a big disruption right now that’s shut down imports from Mexico.
Oh, is that what's causing the rise in prices for beef?
Not sure, but it can’t be helping.
It’s related to a parasite, so it may also be leading to more biosecurity measures in American producers.
It is very nice when prices actually do come down.
They don't. That's deflation
Every so often particular prices do.
But that's not what government inflation readings measure... they measure prices across the economy ie a wide range of consumer goods.
Indeed, but I was replying to a comment about egg prices coming down.
That’s why I’d rather save in sats. Fiat loses purchasing power slowly or quickly — but always down only. 📉
Casual reminder that inflation falling doesn’t mean prices are falling