PracticalDad Price Index: November 2012 Continues the Rise
The November 2012 market basket of 47 items was priced and the results show increases in both the Total Index (all 47 items) and the Food-only (the 37 food items in the basket) Index. Note for both indices that November 2010 = 100. The difference between the Total and Food-only indices are that the Food-only shows the price activity of only the actual food items within the marketbasket with the non-food items removed (foil, soap, trash bags, diapers, etc.).
Month Total Index Food-only Index Spread
9/12 107.50 111.67 4.17
10/12 106.42 111.80 5.38
11/12 107.06 113.04 5.98
The Total Index is up from October's level but still not back at the previous index high of 107.50, hit in September 2012. Unlike that however, the Food-only Index never faltered and has once again hit an all-time high of 113.04. What that literally means is that the cost of the same 37 food items in the market basket are now 13.04% higher than at the Index's inception in November 2010. To see a complete roster of the items in the basket, see here.
The column entitled "Spread" refers to the difference between the two indices and is an indicator of the rate at which food prices are advancing ahead of all prices, which include non-food items as well. Given the small number of non-food items in the basket, it would be considered statistically invalid. But on a gut, common-sense level, it does provide some insight into how the price of food is behaving in relation to other prices in the current economic and monetary environment.
ARTICLES BY CATEGORY
Basics for Dads
- Back to the Beginning…What is the point of raising a child?
- Volunteering: When Did I Become That Cub Scout Guy?
- Redefining Fatherhood - A Response
- A PracticalDad Look at Concussions
- The Virus Cocktail
- Kids and Pot: Discussing the Long-Term Effects
- Driving Up the Cost of Higher Ed: Bette and the New Educational Baseline
- Driving Up the Cost of Higher Ed: Globalization and the Knowledge-Based Economy
- The Cost of Higher Ed: “How in the Hell Did This Happen?”
- The Kids Are Paying Attention
- If it’s not about me, then who is it about?
- Keeping in Touch as Kids Age
Dad and Mom
- Cancelling Christmas? Yeah, I’m Down With That…
- Is Embarrassment a Disciplinary Tool?
- Controlling Your Kids
- PracticalDad Price Index - September 2016: The Potemkin Village Shelves
- PracticalDad Price Index - August 2016
- PracticalDad Price Index - July 2016: Confirming Deflation
Family / Personal Economics
- PracticalDad Slang: Of Opies, Forcepushing and Duckpecking
- If You Give A Mouse A Cookie, v. 2
- PracticalDad Physics
- Playing With The Kids: How Badly Do I Want To Win?
- PracticalDad Solutions: Uniform Hooks
- “Do I Have To Go?” Taking the Kids Along
- Dystopia Comes Home
- When School Technology Programs Affect Family Policy
- When Does the Academic Push Become Too Much?