Bread as an Economic Indicator
It’s just a small economic indicator. A local grocery store, which is part of a national chain, sells whole wheat bread buns in bulk. There’s no packaging and the buns are tossed in a bin. In January of this year, a bun sold for nineteen cents ($0.19) each. Today, the cost of that item is forty two cents ($0.42).
That increase is more than two times just the cost in January, seven months ago. Very few people’s salary doubled in the last seven months.
Regardless of one’s ideological persuasions, I wonder if the politicians really understand the troubles faced by a majority of the people. Not only are people having trouble fuelling up the car to go to the grocery store, many cannot afford the basics at this rate of increase.
Catherine Forsythe
Tags: economy, fuel, groceries, price, shopping
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