J. Miller and Company Blog

May 29, 2008

All of Inflation’s Little Parts

This incredible graph lays out the change in prices from March 2007 to March 2008 in a most visible way.  It’s easy to see that fuel oil (for home heating), eggs an gasoline have each increased over 40% during that year while computers and televisions, fresh vegetables and “other pork” products (what’s this?) have declined by 10%.

Check out the primary categories of consumer spending as well as the great amount of detail which tells you that while full-service restaurant meals account for 3% of total spending, fast food restaurant meals account for only 2.4%.

  • Housing – 42%
  • Transportation – 18%
  • Food and Beverages – 15%
  • Health Care – 6%
  • Education – 6%
  • Recreation – 6%
  • Apparel – 4%
  • Miscellaneous – 3%
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