The Price We’re Told vs. The Price We Paid
2
3
Why Official Inflation Feels Like a Lie at
4
the Grocery Store
Every month, Statistics Canada releases an
7
inflation rate — last month it was “only” 2.1%. Politicians and media cheer:
8
“We’ve got inflation under control.”
9
10
But step into a grocery store, and you’d be forgiven for thinking they’re
11
gaslighting us.
Real Prices, Not Rounded Percentages
14
15
In theory, the Consumer Price Index (CPI)
16
tracks the rising cost of a “basket of goods.” But in practice, the basket doesn’t
17
reflect what *you* buy. It averages prices across cities, seasons, and
18
sometimes questionable assumptions about substitution.
Post-COVID grocery price examples:
21
Flour (2.5 kg): $5.29 → $7.89 (+49%)
22
Eggs (dozen): $3.75 → $5.52 (+47%)
23
Butter (lb): $4.29 → $6.23 (+45%)
24
Milk (4L): $4.89 → $6.79 (+39%)
Comments
Post a Comment
Pending moderation, your comment will be published. Thank You