Saturday, January 3, 2015

Inflation 2014

Here's the third annual unscientific cdude inflation shopping cart.

Whole wheat bread, 24oz, store brand: $2.00
Gallon milk, whole, store brand: $3.59
Dozen eggs, large AA: $2.09
Campbell's chicken noodle soup: $1.50
Tomato sauce, 8 oz.: $0.37
2 decks playing cards: $3.49
Hyundai Accent: $14,745
Ground beef, 5 lb chub, 73% lean: 15.98
Beer, Budweiser, 18 cans: 14.99
Scott toilet tissue, 12 pack: 9.99
Tide liquid, 150 oz: 17.99

The average increase was 3.5%. Last year I thought the soup price might be a fluctuation, but it has held up. Again, many prices are unnaturally stable. 7 out of 11 prices stayed within a penny (4 out of 7 held steady last time). The official rate is 0%.