Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Lettuce Prices Plunged While Grocery Bills Stay High
In this episode, Lucas and Luna dig into a striking anomaly in the latest inflation data: while overall CPI ticked up slightly in July, wholesale prices were flat, and lettuce prices saw a record-setting plunge. They explore what's behind the cyclospora-driven crash in lettuce demand, why that hasn't translated into lower grocery bills for most families, and what it says about how food prices are set. They also connect the story to broader trends in services inflation, the Fed's cautious stance, and the budget deficit surge. Along the way, they discuss the gap between headline…
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