Well, the anecdote dates from 17 years ago when cat food was much cheaper (I do not know what has fuelled the cat
food inflation over the last decade but it's been nuts).
Not exact matches
Inflation figures have eased
over recent months, but the bank said this was a temporary move and it is already registering some pressure from
food, electricity and automobiles.
CPI
inflation in year - ended terms should stay in a narrow range around this profile
over much of the forecast horizon, though volatility in oil and
food prices
over the past year will continue to have some effect on the year - ended figures in future quarters.
Another important, although more temporary influence on
inflation recently has been a large rise in the price of
food, which was up by 1.8 per cent in the December quarter, and by 3.4 per cent
over the year.
Consumer price
inflation in the euro area increased to 2.1 per cent
over the year to October, primarily due to higher
food and energy prices; the core measure of
inflation is lower at 1.7 per cent (Graph 9).
Having reached a trough of around 1 per cent in late 2003, core CPI
inflation (which excludes the volatile
food and energy components) increased to 2.3 per cent
over the year to March (Graph 5).
The British supermarket industry is set to experience a decrease in
food price
inflation over the next...
Interest on funds deposited
over time failed to keep pace with
inflation and the increase of price of
food and goods required for everyday living reduced the buying power of retirement funds.
As of May 2014,
food price
inflation was running at 2.46 % (year
over year) and possibly heading above 4 % by late 2014 or early 2015.
It measures the changing prices of everyday household goods and services like
food and energy bills, and shows how
inflation rises
over the years.
and with respect to
food and energy, yes, they are more volatile, but also
over the last three, five, ten, and twenty years,
inflation in
food and energy has been higher than that of the core CPI.