[HN Gopher] Food is more expensive than it has been in decades
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       Food is more expensive than it has been in decades
        
       Author : randycupertino
       Score  : 20 points
       Date   : 2021-12-12 20:12 UTC (2 hours ago)
        
 (HTM) web link (www.cnn.com)
 (TXT) w3m dump (www.cnn.com)
        
       | [deleted]
        
       | kwhitefoot wrote:
       | Not everywhere and not all commodities. Some industrially
       | produced food such as chicken is cheaper in real terms in the UK
       | than it was forty years ago.
       | 
       | See also, for instance, https://jomcpeak.expressions.syr.edu/wp-
       | content/uploads/Appl...
        
       | TrispusAttucks wrote:
       | Let's not print more money please.
        
       | gruez wrote:
       | This is a garbage article.
       | 
       | title: Food is more expensive than it has been in decades
       | 
       | article: only mentions statistics like "largest 12-month increase
       | since"
       | 
       | headline/article discrepancy aside, since since the food
       | component of CPI usually outstrips overall inflation[1], it's
       | almost guaranteed that "food is more expensive than it has been
       | _ever_ ", even if you do adjust for inflation. "Food is more
       | expensive than it has been in decades" could mean anything
       | between mass famine + bread lines, and normal inflation.
       | 
       | [1] https://www.aei.org/wp-
       | content/uploads/2020/01/cpi2020-875x1...
        
       | tehwebguy wrote:
       | Does DoL publish the data behind CPI-U? Doesn't really line up
       | with my grocery experience over the last couple of years but I
       | doubt they just make this stuff up.
        
         | gruez wrote:
         | like this? https://www.bls.gov/news.release/cpi.t02.htm
        
       | randycupertino wrote:
       | Not only is food more expensive lately but I've been noticing
       | creeping "shrinkflation" in products as well. My chocolate peanut
       | butter haagen dazs is no longer a full pint! Also Stella beer in
       | bottles became smaller- they're 11.2 fl oz instead of 12.
        
         | busterarm wrote:
         | Haagen Dazs pints have been 14 oz instead of 16 since 2009.
        
         | rexer wrote:
         | When was Stella 12oz? It's been 11.2 as long as I can remember.
        
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