“ravages of inflation”
I thought inflation for last year was only 4.1% and this year only 4.5%?
Everyone knows the actual rate of inflation is at least ten points higher. Except anyone buying or selling bonds, that is. ;)
One of my plastic pipe suppliers stopped making a price list because the prices were going up weekly and the rep of one of the others just made the announcement they are raising their prices across the board 28%
Depends on the product/service.
For example: gasoline went up from $3.92 to $4.11 in my area within a 9 day period. That's approximately a 5% jump in a little over a week. A loaf a bread last year cost me around $2.79 last year (not on sale), the same loaf is at around $4.19 one year later.