Reply to Did prices at Whole Foods just go up?

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Reply to "Did prices at Whole Foods just go up?"

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[quote=Anonymous][quote=Anonymous]
The "official" rate of inflation does not take into account the price of food! Because apparently it is not an essential commodity!

Rubbish.
[/quote]

Wrong. Directly from the government website:

http://www.usinflationcalculator.com/frequently-asked-questions-faqs/

What goods and services does the CPI include?

The BLS has created more than 200 categories for all goods and services they track. These 200 are placed within eight major groups:

[b]Food and Beverages: meat, milk, beer, wine, snacks, etc.[/b]
Housing: rent of primary residence, owners’ equivalent rent, fuel oil, bedroom furniture, etc.
Apparel: clothing like pants, shirts, sweaters, etc.
Transportation: vehicles, airline fares, gasoline, etc.
Medical Care: hospital services, drugs, medical supplies, glasses, etc.
Recreation: TV, pets, movies, pets, etc.
Education and Communication: college costs, telephone services, computer software, postage, etc.
Other: smoking products, haircuts and other personal services
The CPI does not include savings or investment items, like stocks and bonds or real estate.[/quote]

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