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by calmlynarczyk
1314 days ago
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That's why the BLS provides data for broken-down categories that make up the overall CPI calculation. Groceries saw a 12.4% increase in prices from a year ago, with dairy products at 15.5%. Restaurant food is up 8.6% for the year. And since you don't provide a reference point for when your anecdotal price data was taken, there's no way to say if it's in line with the official CPI data. If you follow the official data 3 years back to pre-COVID/loose(r) fiscal policy in October 2019, then restaurant food prices are up 18.8% according to BLS, which is right in line with the Dollar Menu datapoint you provided. |
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