Skimpflation: A reason inflation is worse than the government says it is

Re:Skimpflation: A reason inflation is worse than the govern... by gruez on Monday November 01, 2021 @09:24AM (#29066359)

>A gallon of milk or a carton of eggs is about where it has been for the past three or four years, because a gallon of milk or a carton of eggs doesn't go up by 3 cents each month, it jumps by a dollar once every three years.

because it's averaged out across multiple stores across the country?

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Re:Skimpflation: A reason inflation is worse than the govern... by dghlsakjg on Monday November 01, 2021 @11:26AM (#29067944)

My guess would be because it is a price that is easy to know, and one that would push shoppers away. I know that a gallon of milk is 4.99 at most grocery stores(where I live in Canada). I don't know off the top of my head the exact price for any of the other things I regularly buy. If I saw a gallon of milk for 5.99 I would assume that I was shopping for groceries at a place that has generally higher prices for all foods. I doubt this is a rational signal, but it is the way that my brain works.

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Re:Skimpflation: A reason inflation is worse than the govern... by solitus on Monday November 01, 2021 @12:54PM (#29069424)

There are maximum prices on a few items like milk in Canada (at least in Quebec).

Note: the regulation targets “basic” milk, not pimped out milk with omega-3, 19g proteins, without lactose etc.

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Re:Skimpflation: A reason inflation is worse than the govern... by dghlsakjg on Wednesday November 03, 2021 @09:56AM (#29094587)

That’s a Quebec thing not a Canada thing.

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