MasterJaguar01
Posts: 2608
Joined: 12/2/2006
Status: offline
|
For those of us who do not get our news as propaganda from X (e.g. Steve Bessent completely lying in every remark he made)...
Here is how food prices have been doing under this administration.
TRULY expert content in link below from:
Wait for it...
The USDA!!!!
This is what happens when you get news from professional sources who do this for a living, rather than "Wall Street Mav", an internet roll on X
https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings
From the link:
"The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home:
The food-at-home (grocery store or supermarket food purchases) CPI decreased 0.3 percent from March 2025 to April 2025 and was 2.0 percent higher than April 2024; and
The food-away-from-home (restaurant purchases) CPI increased 0.4 percent in April 2025 and was 3.9 percent higher than April 2024."
Now look at the forecast:
"In 2025, overall food prices are anticipated to rise at about the historical average rate of growth. In 2025, prices for all food are predicted to increase 2.9 percent, with a prediction interval of 1.6 to 4.1 percent. Food-at-home prices are predicted to increase 2.1 percent, with a prediction interval of 0.3 to 4.0 percent. Food-away-from-home prices are predicted to increase 4.0 percent, with a prediction interval of 3.2 to 4.7 percent.
It is time to get someone in the white house who knows what the hell he is doing and a Treasury Secretary who is not a former hedge fund manager and actually tells the truth.
|
The cost of living: FOOD - 
Profile
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread