[investigateworld]

I save every receipt from everything. If an item I purchased is to be used in my biz, I yellow hilite it or circle the item and the price.
I’ve noted the container sizes have shrunk yet the price remains similar.
I’m putting inflation, based on a market basket of stuff I buy every week at about 15% to 17%in the last 12 months. Obviously, this does not include fuel or housing so anyone can take exception to it.

[rb22982]

What are you buying that’s up 15 to 17% in the last 12 months. Even dairy products except Milk aren’t up that much.

[Dr. Frank fan]

I’m putting inflation, based on a market basket of stuff I buy every week at about 15% to 17%in the last 12 months.

Even if you're right that wouldn't contradict the 0.8% number, which is for 2007Q3 only. Maybe inflation was 14% in the first two quarters and 0.8% last quarter. Bingo, that gets us to 15% on the year.