Practical Dad

PracticalDad Price Index:  Retail Grocery Basket Up Another .81%; 2% Over Two Months

September's pricing of the 47 item PracticalDad grocery basket showed that the cost of the basket rose .81% from August's level with the September index now at 105.71; cumulatively, the cost of the market basket is now 5.71% higher than that at the November 2010 inception.

Inflation at the retail grocery level appears to be starting to surge as the cost of the market basket rose almost 2% from July to September; it had risen 3.71% in the preceding nine month period of November 2010 to July 2011.

 

PracticalDad Price Index - September 2011
Month Price ($) Index 3 Month Moving Average
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
Sep 2011 188.57 105.71 104.76

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

So what's notable about the September pricing?

  • Grocers are making significant changes to keep prices under control.  In one instance this month, a grocer kept the same price and size for coffee (@ 11 oz) but went from a can to a vacuum-packed brick.  In another, a grocer actually dropped the price of their 42 ounce container of one-minute oatmeal by 30% but did so by completely eliminating their own store-brand and replacing it with a much lower cost off-brand oatmeal.  Had it not been for this particular effect, the Index would have been higher.
  • Produce at the retail level rose again as the average cost of potatoes from three stores rose by an additional 7.9% and apples also rose by a full 10%.  Eggs shot up in price by almost 17%, but this product has shown that it can fluctuate in price over the past year so it's uncertain whether such an increase will stick.
  • There were fewer items that had price increases than last month, as well as items with rises greater than 5%.

 

PracticalDad Price Index - September 2011
Item Size Category 7/11 8/11 9/11
hot dog rolls (ct) 8 bread 1.20 1.20 1.20
loaf, wht bread, store brand (oz) 20 bread 1.22 1.22 1.26
spaghetti, store brand (oz) 16 bread 1.21 1.24 1.21
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 3.26 3.26 2.92
milk, 2% (gallon) 1 dairy 3.98 4.01 4.04
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  5.59 
peanut butter, store brand (oz)  28  grocery  2.96  3.06  3.09 
grape jelly, store brand (oz)  32  grocery  1.92  1.99  1.99 
kidney beans, dark, store brand (oz)  15.5  grocery  .87  .93  .92 
can green peas, store brand (oz)  15  grocery  .94  .96  .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  .94  .96  .96 
can corn, store brand (oz)  15.25  grocery  .94  .96  .96 
spaghetti sauce, store brand (oz)  26  grocery  1.22  1.22  1.26 
cola, store brand (L) grocery  .96  .96  .96 
caffeinated coffee, store brand (oz)  13  grocery  4.15  4.32  4.36 
diapers, store brand (ct)  100  hlth/bty  18.63  18.63  18.70 
formula, Enfamil Premium, Lipil (oz)  23.4  hlth/bty  22.94  23.29  23.59 
child ibuprofen, OS, store brand (oz)  hlth/bty  4.99  4.96  4.96 
adult ibuprofen, caplet, store brand (ct)  100  hlth/bty  6.89  7.41  7.41 
shampoo, Suave (oz) 22.5  hlth/bty  1.71  1.81  1.86 
pads, long/maximum, Poise (ct)  42  hlth/bty  16.09  16.09  16.09 
bath soap, Dial (ct)  hlth/bty  5.39  5.39  5.84 
aluminum foil, store brand (sq ft)  75  hshld  2.97  2.97  3.01 
kitchen trash bags, handletop, store brand (ct)  26  hshld  4.16  4.31  4.31 
paper towels, 2 ply, store brand (ct)  hshld  7.26  7.26  7.26 
hot dogs, meat franks, store brand (oz)  16  meat  2.69  2.69  2.69 
ground beef, 80% lean (lb)  meat  3.46  3.46  3.46 
eggs, large (doz)  meat  1.81  1.78  2.08 
lunchmeat, deli ham, chopped (lb)  meat  4.06  4.39  4.06 
chicken, roaster (lb)  meat  1.56  1.66  1.59 
fish sticks, Gortons (ct)  44  meat  7.66  7.49  7.49 
tuna, chunk lt, water packed, store brand (oz)  meat  .81  .81  .81 
bananas (lb)  produce  .59  .59  .59 
apples, Red Delicious, bag (lb)  produce  3.76  3.99  4.32 
carrots, bag (lb)  produce  2.39  2.39  2.39 
OJ, non-concentrate, store brand (oz)  64  produce  2.76  2.79  2.79 
potatoes, Russet (lb)  produce  4.32  4.32  4.66 
sugar, store brand (lb)  staple  3.22  3.22  3.22 
flour, store brand (lb) 5 staple 2.20  2.20  2.29 
canola oil, store brand (oz)  48  staple  4.46  4.39  4.39 
rice, white, long-grain, store brand (oz)  staple  1.73  1.73  1.81 
           
                         Total     185.00  187.05  188.57 

 

 

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