Submitted by Doyoufeelme101 t3_z5qt0k in wallstreetbets
onlyrealcuzzo t1_ixyne05 wrote
Reply to comment by Advanced-Ad-5693 in Entrenched food inflation for years to come. by Doyoufeelme101
Also - food prices only make up 15% of CPI.
Food prices can go up 10% - if oil goes down 10% - it cancels itself out.
Food prices can go up 10% - if "owners equivalent rent" drop by 2% - it cancels itself out.
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