Anonymous wrote:
Anonymous wrote:Why are people looking at government stats instead of the prices they are paying. I've been buying specialty eggs and milk so I haven't noticed those prices.
But other grocery prices are up.
Restaurant prices are way up. Cheesecake Factory, Five Guys is over $20 now.
McDonalds $1 soda for years is $1.39.
I don't know how Subway survives with sandwiches over $10, some around $15.
Basic energy prices have gone up, and this has added to costs in multiple phases as contracts get renewed. Transportation surcharges become regular price increases. The energy costs for producers raise the prices for wholesalers. Wholesalers then raise their prices. Then there is the transportation costs for wholesalers to retailers. The more processing, the more the price increase. Restaurants that do more cooking in-house, will have a lower price increase. French fries purchased in bags vs making from potatoes in store, for example.
The grocery price inflation will be lower than the restaurant inflation.
Absolute lie. Just checked Five Guys web site - Bacon Cheeseburger (which is two patties) is $12.89.
Cheesecake Factory has
always been overpriced - nothing new there.