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Ham Steak. $1.88 in 2019 $5.99 this past week

DavidR8

Scrap maker
Administrator
Moderator
Premium Member
We've seen a 15% - 20% increase across the board in our grocery bills
 

TorontoBuilder

Ultra Member
from $3.65 per kg in 2019 to $13.21 per kilogram in 2023...

Inflation rate = ((Price in 2023 - Price in 2019) / Price in 2019) x 100%

Ergo

Inflation rate = ((13.21 - 3.65) / 3.65) x 100% Inflation rate = (9.56 / 3.65) x 100% Inflation rate = 261.64%
 

TorontoBuilder

Ultra Member
I’m mildly curious why you have frozen meat from 2019?
Brother's GF had it in her freezer. She said she was going to throw it out, and asked if I wanted it for my dogs. I said no I love my dogs.

Personally ham steak wouldn't survive more than a few months in my freezer.

Also, I'm a person that actually defrosts my chest freezer in the basement every 6 moths and moves all the older items to the upstairs freezer for consumption.
 

Dan Dubeau

Ultra Member
With the right blend of herbs and spices it'll still be good...
HEJAh6yl.png
 

slow-poke

Ultra Member
from $3.65 per kg in 2019 to $13.21 per kilogram in 2023...

Inflation rate = ((Price in 2023 - Price in 2019) / Price in 2019) x 100%

Ergo

Inflation rate = ((13.21 - 3.65) / 3.65) x 100% Inflation rate = (9.56 / 3.65) x 100% Inflation rate = 261.64%
You're not following the official script, if you simply use the NEW calculation that excludes the volatile items from the official list you will clearly see that inflation is trending in the right direction.

List of volatile items: Gas, food, appliances, toilet paper, cars, mortgage payments / rent, services, everything at Home Depot, etc. <---- you really should cut down on these items

New list of stable priced items for CPI calculation: everything disposable and plastic at the $3dollar store <--- and stock up on these items
 
Last edited:

kstrauss

Well-Known Member
from $3.65 per kg in 2019 to $13.21 per kilogram in 2023...

Inflation rate = ((Price in 2023 - Price in 2019) / Price in 2019) x 100%

Ergo

Inflation rate = ((13.21 - 3.65) / 3.65) x 100% Inflation rate = (9.56 / 3.65) x 100% Inflation rate = 261.64%
I don't believe that is how to calculate "inflation rate"! You have calculated the percent increase over 4 years or so rather than a "rate" of increase. An increase of 2.6 fold in four years is an annual rate of increase of about 27%.
 

whydontu

I Tried, It Broke
Premium Member
Hate to go all political here, but there’s a reason Stats Can doesn’t rely on volatile items. I don’t trust politicians as far as I can throw them, but S/C data is pretty transparent, and well respected for honesty.

And this is Fridays sale flyer in Vancouver:

0AEDB025-206F-4899-BF1A-23E86FB699D1.jpeg
 
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