How does 8% inflation correlate with the 30-50% increase in the price of products also accounting for shrinkflation?

Question

Edit: thanks to everyone especially those of you that have really detailed answers. I’ve learned a lot .

In: 448

Answer 1

I am hurting like many complainers. Hurting is too strong a word– there’s no war in my backyard, I own my home– I’m complaining like many complainers.

I’m legitimately good at budget shopping, buying loss leaders, clearance sales, distressed merchandise, rebates.

With product shortages, these sales just don’t have to happen to move product, so I pay retail. Retail may be up 8% but it’s a lot more up than what I’m used to paying.

Example: I got a set of Pirelli P4 tires for $50 apiece about 18 months ago. They went up to $120 (wow) and are back down to $90. Rough, but I think they were normally $80 back then and I just “got a deal.”