Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Why Your Grocery Bill Is Sticky Even as Inflation Eases
Inflation is cooling — headline CPI dipped to 3.3 percent in June, and core inflation is down from a year ago. But your grocery bill doesn't feel lighter, and that's not just psychological. In this episode, Lucas and Luna dig into the economics of stickiness: why packaged food prices lag the overall index, how the 1970s taught retailers to shrink portions rather than cut prices, and why the recent dip in commodity costs hasn't shown up at the checkout yet. They trace the gap between the CPI's food-at-home component and the producer price index for processed foods, using…
The skinny
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