I have searched for the actual inflation rate, but since the CPI no longer includes food or fuel (there are white lies, lies, dirty lies and statistics...) in their statistics, I suspect the real inflation rate is about 10x what we are being told.
Inflation measured by consumer price index (CPI) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. Inflation is measured in terms of the annual growth rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy.
The closest I could get on any search was this: https://www.businessinsider.com/if-people-knew-the-actual-inflation-rate-it-would-crash-the-economy-2016-8
https://aoausa.com/why-real-inflation-is-higher-than-government-reports-by-gary-halbert/
Until I found this!: https://www.youtube.com/watch?v=K1JPCCb7M98
and this: Calculate Inflation Rate For Yourself https://www.youtube.com/watch?v=V3BuyF9nUWU
I just do the math. 2020, a dozen egg was 1.25. Today, it's $3.40. What percentage do you have?
Since I moved from the NW to Midwest in 2021, I could not do the math correctly because Vancouver WA, the eggs would probably be 5.20 right now instead of 3.40. Someone who has been living in the same area could just do the math and get it.
Agreed. But the spreadsheet really helps one see the total impact, rather than the impact of simply one item.
I just don't trust them. Last year, I was calculating 33%, but probably higher than that. I based that on my shopping cart.
We generally eat the same thing.
I can identify with that and I'd figure that it is possibly a bit higher- 40%
Like I said, it's probably higher than 33, because I am now in Midwest. It's higher over Washington. Have you been living at the same area since 2020?
Oh, I am sorry. I am supposed to be brain_dead. I cannot do math. LOL
;) you probably can better than I can right now...
Naw, just a brain dead!