Practical Dad

PracticalDad Price Index:  August Index Up 1.1% in One Month

With the data crunched from the August pricing forays into three separate stores, the average cost of the 47 item grocery marketbasket rose to $187.05 from July's $185.00, for a single month increase of 1.1%.  The August price index is now at 104.85 - from November 2010's baseline level of 100 - for a 10 month rise of 4.85%. 

What's notable about the August data is that of the 47 items in the basket, 17 - more than one third of the basket - saw their prices rise and six of these had price increases greater than 5%. 

Below is a summary chart of the final average prices, index levels and three month moving average of each month.

 

PracticalDad Price Index - Summary as of August 2011
Month Price ($) Index 3 Month M A
Nov 2010 178.39 100  
Dec 2010 180.30 101.07  
Jan 2011 179.51 100.63 100.56
Feb 2011 179.51 100.63 100.78
Mar 2011 180.51 101.08 100.78
Apr 2011 181.91 101.97 101.56
May 2011 182.10 102.08 101.71
Jun 2011 184.07 103.18 102.38
Jul 2011 185.00 103.71 102.99
Aug 2011 187.05 104.85 104.06

 

 

 

 

 

 

 

 

 

 

 

 

 

PracticalDad Price Index - August 2011
Item Size Category 6/11 7/11 8/11
hot dog rolls (ct) 8 bread 1.18 1.20 1.20
loaf, wht bread, store brand (oz) 20 bread 1.22 1.22 1.22
spaghetti, store brand (oz) 16 bread 1.21 1.21 1.24
child cereal, sugar flakes, store brand (oz) 17 cereal 2.90 2.90 2.90
cereal, rice chex, store brand (oz) 12.8 cereal 2.74 2.74 2.74
oatmeal, one minute, store brand (oz) 42 cereal 3.24 3.26 3.26
milk, 2% (gallon) 1 dairy 3.89 3.98 4.01
butter, unsalted, store brand (lb) 1 dairy 3.49 3.49 3.49
vanilla ice cream, store brand (qt) 1 dairy 2.01 2.01 2.01
grated parmesan cheese, store brand (oz) 8 dairy 3.08 3.08 3.08
American cheese, deli (lb) 1 dairy 5.52 5.52 5.52
peanut butter, store brand (oz) 28 grocery 2.96 2.96 3.06
grape jelly, store brand (oz) 32 grocery 1.92 1.92 1.99
kidney beans, dark, store brand (oz) 15.5 grocery .87 .87 .93
can green peas, store brand (oz) 15 grocery .92 .94 .96
can diced tomatoes, store brand (oz) 14.5 grocery 1.01 1.01 1.01
can cut green beans, store brand (oz) 14.5 grocery .92 .94 .96
can corn, store brand (oz) 15.25 grocery .92 .94 .96
spaghetti sauce, store brand (oz) 26 grocery 1.22 1.22 1.22
cola, store brand (L) 2 grocery .96 .96 .96
caffeinated coffee, store brand (oz) 13 grocery 4.15 4.15 4.32
diapers, store brand (ct) 100 hlth/bty 18.28 18.63 18.63
formula, Enfamil Premium , Lipil (oz) 23.4 hlth/bty 22.94 22.94 23.29
child ibuprofen, OS, store brand (oz) 4 hlth/bty 4.96 4.99 4.96
adult ibuprofen, caplet, store brand (ct) 100 hlth/bty 6.89 6.89 7.41
shampoo, Suave (oz) 22.5 hlth/bty 1.71 1.71 1.81
pads, long/maximum, Poise (ct) 42 hlth/bty 16.09 16.09 16.09
bath soap, Dial (ct) 8 hlth/bty 5.39 5.39 5.39
aluminum foil, store brand (sq ft) 75 hshld 2.97 2.97 2.97
kitchen trash bags, store brand (ct) 26 hshld 4.24 4.16 4.31
paper towels, 2 ply, store brand (ct) 8 hshld 7.26 7.26 7.26
hot dogs, meat franks, store brand (oz) 16 meat 2.56 2.69 2.69
ground beef, 80% lean (lb) 1 meat 3.39 3.46 3.46
eggs, large (doz) 1 meat 1.69 1.81 1.78
lunchmeat, deli ham, chopped (lb) 1 meat 4.06 4.06 4.39
chicken, roaster (lb) 1 meat 1.59 1.56 1.66
fish sticks, Gortons (ct) 44 meat 7.86 7.66 7.49
tuna, water packed, store brand (oz) 5 meat .81 .81 .81
bananas (lb) 1 produce .59 .59 .59
apples, Red Delicious, bag (lb) 3 produce 3.76 3.76 3.99
carrots, bag (lb) 2 produce 2.39 2.39 2.39
OJ, non-concentrate, store brand (oz) 64 produce 2.76 2.76 2.79
potatoes, Russet (lb) 5 produce 3.99 4.32 4.32
sugar, store brand (lb) 5 staple 3.22 3.22 3.22
flour, All Purpose, store brand (lb) 5 staple 2.09 2.20 2.20
canola oil, store brand (oz) 48 staple 4.52 4.46 4.39
rice, white, long-grain, store brand (lb) 2 staple 1.73 1.73 1.73
           
                           Total     184.07 185.00 187.05

 

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