Food Inflation Coming To A Household Near You
Become a member: Subscribe
NTS Headlines
Headlines by Category
Headlines by Year
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.
Building Wealth
This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
Connect with the wider network of like-minded Solari subscribers using our in-house social media platform, Solari Connect.
No posts
Food Inflation Coming To A Household Near You
By Joe Weisenthal
Nothing to see here, except yet another sign of the food inflation that’s the story of the moment. JPMorgan retail analyst Charles Grom reports:
We recently conducted another round of supermarket pricing in Virginia comparing a 31 item like-kind basket at a Wal-Mart Supercenter, Kroger, Safeway, Harris Teeter, and Whole Foods. Overall, while the traditional grocers continue to be more promotional than others, our study revealed a modest pullback in the level of activity across the board.
To this point, our basket showed a 5.8% increase in average prices at Wal-Mart – which represents the most significant sequential increase since the inception of our study in January 2009. Moreover, we only had one rollback item in our basket vs. four in the June study.
