Posts Tagged ‘CPI’

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    Peanut Butter Prices

    Mar 25, 11 • 382 Views • No Comments

    Let’s say that you saw the price of Skippy peanut butter, Tropicana orange juice, and Quaker oatmeal went up. Would you be concerned about inflation? In a recent paper, researchers from Yale and the University of Chicago said it is a bit more...  [read more]

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    Shrinking Packages

    Feb 17, 11 • 302 Views • 2 Comments

    Have you noticed that the 64-ounce Tropicana Orange Juice container now holds 59 ounces of juice? Or, that Scott Toilet Tissue is 104.8 sq. ft. instead of 115.2 sq. ft.? Other shrinking packages include… The 24-slice package of Kraft American Cheese has...  [read more]

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    CPI Concerns

    Jan 25, 11 • 392 Views • 1 Comment

    Should we care if China has a 5.1% annual inflation rate?  A little. The International Herald Tribune tells us that just 1/4 to 2/5 of the price we pay in the U.S. for an imported item reflects the cost of the good. Other slices of the price pie such as...  [read more]

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    The Christmas Price Index

    Dec 24, 10 • 234 Views • No Comments

    You might want to check the CPI…the Christmas Price Index. Calculated by PNC for the last 27 years, it tells us the value of the items in “The 12 Days of Christmas.” This year, the PNC CPI totaled $23,439.38 for anyone purchasing one of each...  [read more]

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    A Price Story

    Dec 22, 10 • 306 Views • No Comments

    Do you think that the BPP is more accurate than the CPI? Based at MIT, The Billion Prices Project (BPP) monitors close to 5 million items sold by approximately 300 retailers in 70 countries. Using the BPP, we can choose a country and then see, on a daily...  [read more]