Re: Feeling the bite of inflation
From: zerge (zerge_at_hotmail.com)
Date: 09/14/04
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Date: 13 Sep 2004 21:42:26 -0700
"anon" <me@privacy.net> wrote in message news:<2qltr3Fpvsp1U1@uni-berlin.de>...
> ...and this, when wages are under pressure...
>
> http://www.signonsandiego.com/news/business/20040912-9999-mz1b12bite.html
>
> "Over the past three years, the price of a pound of ground beef in San Diego
> has almost doubled, jumping from $1.49 in the second quarter of 2001 to
> $2.93 this year, according to data from ACCRA, which produces quarterly
> cost-of-living data for communities throughout the nation.
> During the same period, energy costs have shot up more than 50 percent;
> haircuts, 40 percent; cheese, dishwasher detergent and soft drinks, 30
> percent; gasoline, 28 percent; auto maintenance, 21 percent; dry-cleaning,
> 22 percent; and movie tickets, 11 percent. "
Is this cost-driven, or demand-driven? How are salaries growing?
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