After we published our note on today’s CPI–There’s Still No Inflation–we received the following note. 

It expresses a sentiment we expect many Americans will agree with, at least with respect to prices.

As the saying goes, the CPI’s a fine price measure–as long as you don’t eat or drive.

No inflation?

Indeed.

Latest real prices:

  • Post Raisin Bran goes from 2.50 to 3.00 per box at Walmart.
  • My favorite yogurt goes from .50 to .58 each at Walmart.
  • Cherry tomatoes go from 4.98 to 5.98 per package.
  • Walnuts go from 9.98 to 13.98 per bag at Sam’s.
  • Bottom round goes from 2.48 to 2.68 per pound at Sam’s.

Should I go on?
Read more: http://www.businessinsider.com/like-hell-theres-no-inflation-2010-11#ixzz15aYkC4eJ

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