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MichMan

(15,721 posts)

6. Are people under the impression that 8.7% inflation rate should be evenly distributed?

Reply to Yo_Mama_Been_Loggin (Original post)

Thu Nov 3, 2022, 05:39 PM

Nov 2022

It is an average inflation rate based on specific items defined by the government. Some consumer commodities faced lower increases in raw materials and labor costs, while others had higher costs.

Just because prices exceeded 8.7% increases n some instances, isn't proof that those companies took advantage and gouged people.

The OP appears to suggest that every price should go up exactly 8.7% or something nefarious must be going on.

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Highlight:

These Food Brands Are Actually Raising Prices Higher Than Inflation Rates Call For [View all] Yo_Mama_Been_Loggin Nov 2022 OP

As the groceries shopper in our family, I suspect this actually understates the problem. KPN Nov 2022 #1

I just got back from the grocery store. Mr.Bill Nov 2022 #9

In a number of cases BumRushDaShow Nov 2022 #2

Maybe somebody needs to start talking about windfall profits taxes crickets Nov 2022 #3

Windfall profits are windfall profits regardless of the industry or commodity MichMan Nov 2022 #5

I don't drink soda or eat junk food Ritabert Nov 2022 #4

Are people under the impression that 8.7% inflation rate should be evenly distributed? MichMan Nov 2022 #6

Now, now, no logic please, jump on the outrage train! lol nt EX500rider Nov 2022 #8

Well, here's an example of a ridiculous price increase. crickets Nov 2022 #10

+1 dalton99a Nov 2022 #11

Cruel rapacious assholes. Some of them are worse than oil companies. dalton99a Nov 2022 #7