When I heard the numbers, the first thing I thought was “DUH! Of course consumer spending is up! I’m spending more for the same amount of groceries!” Or less, even!
I used to not pay attention to what I was buying but I have become a careful shopper after seeing the grocery bill rise with buying less groceries.
How can they say there is little to no inflation? I see it everytime I go to the store. I also drive less as gasoline is on the rise again.