General Discussion
In reply to the discussion: The price of coffee has doubled [View all]Escurumbele
(4,053 posts)we have always bought for our regular food market was, last November, $250.00 and yesterday it costs us $314.00? That is an increase of 20%. That $250.00 used to last all month, we are lucky if it makes it to the third week.
Maybe I am naive, but that is not a 2.8% inflation. Is it the government producing those numbers, or an independent company?
I found this:
Shadow Government Statistics (Alternative Methodology): ShadowStats, which calculates inflation using the methodology of the early 1980s (before many methodological changes reduced the official rate), has historically indicated that the "true" inflation rate is 6 to 8 percentage points higher than official statistics. As of late 2025, they continued to suggest a much higher, "hidden" inflation rate.
If we go by that, which I tend to believe it more because that is what my wallet is telling me, the real inflation rate i over 10%, and that is not counting what the last sentence indicate, it suggests a much higher, "hidden" inflation rate, I would think we are close to the 20% I have experienced.
Every time we go to the grocery store we find items that cost $8.00 last year around November, and now have a price of $10.00, that is a 20% increase in price. I will give you an example, "Coconut Water" last year at around November cost $24.00, it is now at $28.00, that is an increase of 16%, and it goes on, and on...