gedaliyah@lemmy.worldM to News@lemmy.world · 6 months agoWhy grocery bills feel so high, even though food inflation is technically lowwww.axios.comexternal-linkmessage-square90fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkWhy grocery bills feel so high, even though food inflation is technically lowwww.axios.comgedaliyah@lemmy.worldM to News@lemmy.world · 6 months agomessage-square90fedilink
minus-squarepenquin@lemm.eelinkfedilinkarrow-up0·6 months agoShould I belive these graphs or the receipts from my grocery shoppings? 🤔
minus-squarestinerman [Ohio]@midwest.sociallinkfedilinkEnglisharrow-up0·6 months agoThe graphs if you’re talking about the economy as a whole.
minus-squaresnooggums@midwest.sociallinkfedilinkEnglisharrow-up0·6 months agoSo the part that isn’t based on wages or personal costs and therefore irrelevant for the average person outside of being a reminder that a worker’s increased productivity has not been rewarded with a matching increase in pay.
minus-squareFeathercrown@lemmy.worldlinkfedilinkEnglisharrow-up0·6 months agoI wouldn’t expect them to be much different.
minus-squareGiddyGap@lemm.eelinkfedilinkarrow-up0·6 months agoThe graphs are macroeconomics, your receipts are microeconomics. Two different worlds that people mix up. That’s also the point of the article.
Should I belive these graphs or the receipts from my grocery shoppings? 🤔
The graphs if you’re talking about the economy as a whole.
So the part that isn’t based on wages or personal costs and therefore irrelevant for the average person outside of being a reminder that a worker’s increased productivity has not been rewarded with a matching increase in pay.
I wouldn’t expect them to be much different.
The graphs are macroeconomics, your receipts are microeconomics. Two different worlds that people mix up. That’s also the point of the article.