{"id":237404,"date":"2024-06-28T03:54:17","date_gmt":"2024-06-28T03:54:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/28\/food-costs-doubled-tripled-quadrupled\/"},"modified":"2025-06-25T17:15:56","modified_gmt":"2025-06-25T17:15:56","slug":"food-costs-doubled-tripled-quadrupled","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/28\/food-costs-doubled-tripled-quadrupled\/","title":{"rendered":"\u201cFood costs doubled, tripled, quadrupled\u2026\u201d"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-52685\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>That\u2019s Mr. Trump on inflation. Here\u2019s the data:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-52686\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi.png\" alt=\"\" width=\"993\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi.png 993w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi-300x174.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi-768x445.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/foodathomecpi-624x362.png 624w\" sizes=\"(max-width: 993px) 100vw, 993px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> CPI for food at home (blue), chained (tan), both in logs, 2021M01=0. Chained CPI seasonally adjusted by author using X-13. NBER defined peak-to-trough recession dates shaded gray. Source: BLS and author\u2019s calculations.<\/em><\/p>\n<p>Above graph indicates the true number (admittedly, government statistics, instead of Trumpian anecdotes) is substantially below a quadrupling.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/06\/food-costs-doubled-tripled-quadrupled\" title=\"7:20 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-06-27T19:20:18-07:00\">June 27, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/06\/food-costs-doubled-tripled-quadrupled\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] That\u2019s Mr. Trump on inflation. Here\u2019s the data: Figure 1: CPI for food at home (blue), chained (tan), both in logs, 2021M01=0. Chained CPI<\/p>\n","protected":false},"author":1,"featured_media":237405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/237404"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=237404"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/237404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/237405"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=237404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=237404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=237404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}