There are two types of inflation rates that matter. Economists and market observers care about the government reported data — CPI, core PCE, ex-shelter, whatever your preferred method is. Everyday Americans only care about two price points — gas and grocery store prices. Why is this the case? These are the prices you experience on a regular basis. Gas prices are spelled out on huge signs with big numbers. We s...

source: https://awealthofcommonsense.com/2024/03/inflation-at-the-grocery-store/