• n2burns@lemmy.ca
      link
      fedilink
      arrow-up
      5
      arrow-down
      1
      ·
      9 hours ago

      As I’ve pointed out elsewhere, that’s not inflation. That’s a lack of purchasing power, not inflation which is a loss of purchasing power. We lost that purchasing power over 2022 and 2023, but the difference in price between November of 2023 and now is relatively small.

      • AlDente@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        4 hours ago

        Oh neat! Inflation only exists if it happened in the last 12 months. /s

        Accumulative inflation is a thing, and it is up 21.8% since 2020.

    • ThrowawayOnLemmy@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      16 hours ago

      I literally just bought these three items earlier today. I spent 8. High end of $20 is either exaggerating, or you’re buying some fancier foods than me.

      • Maeve@kbin.earth
        link
        fedilink
        arrow-up
        1
        arrow-down
        4
        ·
        16 hours ago

        These are dollar store brands. $4 milk, 4 bread, 4 eggs, $12+ tax. Location matters, so do food deserts. Last I checked, $12 was more than half of twenty.

        • SeaJ@lemm.ee
          link
          fedilink
          arrow-up
          2
          ·
          12 hours ago

          That’s a little under $10 where I am in Seattle. No tax on food here. If I feel like driving a little bit to Target, it’s only $8. I definitely know of food deserts though. The town I grew up in only has Safeway and Walmart. The IGA closed down. Looking at prices, they are about the same as they are here which sucks because the incomes are nowhere near what they are here.

          I’m alright with a week of groceries for the four of us choosing $125/wk but I know that is difficult for some.