On a "core" basis, excluding volatile energy and food categories, consumer prices rose 0.2% from a month earlier and 2.5% from a year ago.
Can anyone logically explanation why food is so volatile that it has to be excluded from “core?”
I understand a flock has to get wiped out after avian flu and the price of eggs goes up. But how often does that happen? Other consumer goods can have supply chain disruptions.
It’s because food and energy are essential commodities that can’t be papered over.
It’s all bullshit.
Can anyone logically explanation why food is so volatile that it has to be excluded from “core?”
I understand a flock has to get wiped out after avian flu and the price of eggs goes up. But how often does that happen? Other consumer goods can have supply chain disruptions.
It’s because food and energy are essential commodities that can’t be papered over.
It’s all bullshit.