A picture is worth a thousand words. I think costs in California, particularly dining out costs, far surpassed 23.6% (see carne asada burritos), part of that is due to the CA increases in minimum wage.From NBC today...
In September, prices in the food category were rising at a 3.1% annual rate. In Tuesday’s release that’s slowed to 2.6%.
By way of comparison Husker the overall inflation rate reported today is 2.7%. So I know math is hard for you...but food inflation is currently LOWER than the overall inflation rate.
Our experts in the media (many from the Ivies by the way) assured us early this year that tariffs would make inflation skyrocket.
