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Key Inflation Measures Are Falling at Their Fastest Pace in 40 Years

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6 minutes ago, candide said:

Another explanation for the similarity of food price changes in different countries, is simply that the markets and prices of agricultural commodities (wheat, sugar, orange juice, etc...) are global.

A difficult theory to prove since you'd need to eliminate fuel costs from each scenario. But yes, your point is taken.

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  • Stripping out housing prices, food and fuel to fudge the numbers to get the numbers you want.   Another nonsense article. 

  • I wonder how much money most people have left after paying for a roof, food and transport?

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    Another reflexively nonsensical comment, actually. Clearly you don't get it. First of all, whether under Trump or Biden, core inflation as always been the preferred measure of inflation to strip

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2 minutes ago, nigelforbes said:

A difficult theory to prove since you'd need to eliminate fuel costs from each scenario. But yes, your point is taken.

I am not arguing that fuel price does not influence food price, just recalling that the market has a significant global component. Whatever the cause (fuel price being an influential factor), prices changes will be similar in countries with an open economy.

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