Expecting consumers to resist 8.3 percent inflation, some retailers have figured out hidden price increases that are tough to see.
Misleading when we just look at $50,000 or $10,000, the student loan debate takes us to a long and complicated cost and benefit list.
When we see that AriZona tea has stayed at the same price for 30 years, we can ask if its cost cutting is like the Model T.
Looking at generational spending, we can see our age-related expenses and also how inflation will affect the different groups.
Because the CPI is an index showing percent changes, it is helpful sometimes to see actual price changes for items like new cars.
While monthly CPI reports emphasize the average increase in prices, we can also use it to see the differences in household spending.
Concerned that inflation might reduce sales, the remedy is shrinkflation through which food makers reduce package size.
When a producer is concerned that a price increase will diminish sales and increase consumers’ ire, the other alternative is shrinkflation.