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Grocery inflation is at 1%. Why don’t more people know it?

2 years 3 months ago
Why do so many people still think inflation is high? It's because they don't respond to averages. They respond to outliers. The cost of groceries, for example, has risen only 1% over the past year. In February food inflation was negative. And yet, 55% of Americans still say they worry about inflation a great deal. ...continue reading "Grocery inflation is at 1%. Why don’t more people know it?"
Kevin Drum