PracticalDad Price Index:  March Rises to 101.19

With the store pricing done and data tabulated, the PracticalDad Price Index rose in March, 2011 to 101.19 from a February figure of 100.78.  This is a cumulative 1.19% increase over the November, 2010 rate of 100.  While the market basket has shown only minor upwards movement, there are certain items that stand out.

  • The price per one pound of ground beef has been at $3.32, which is 10% higher than the original November, 2010 price of $3.02/lb.
  • Coffee rose – without any adjustment in the package size – by 9.7% from the February price (from $3.38 to $3.71) and since the Index’s inception by a full 25%.  This 25% rise incorporates adjustment for two different stores of unrelated chains decreasing the package size while keeping the price steady, aka stealth inflation.
  • While the price of flour itself has remained steady at $1.99 per five pound bag, the cost of baked goods – bread and hot dog rolls – has begun to rise.  Bread rose by 8.9% last month while the rolls have increased by 4.5% since the Index’s inception.
  • Milk (2%) jumped by almost 5% from February, which was actually lower than the November price, having declined.
  • Canola Oil rose by more than 12% from the February price and is now 17% higher than at the Index’s inception.

Here are the prices for the marketbasket.

 

PracticalDad Price Index – March 2011
Item Size Category 1/11 Avg Price 2/11 Avg Price 3/11 Avg Price
hot dog rolls (ct) 8 bread 1.09 1.12 1.14
loaf, wht bread, store brand (oz) 20 bread 1.12 1.12 1.22
spaghetti, store brand (oz) 16 bread 1.18 1.18 1.18
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 3.18 3.18 3.21
milk, 2% (gallon) 1 dairy 3.46 3.51 3.68
butter, unsalted, store brand (lb) 1 dairy 3.56 3.39 3.49
vanilla ice cream, store brand (qt) 1 dairy 2.04 1.94 1.94
grated parmesan cheese, store brand (oz) 8 dairy 2.99 3.08 3.08
American Cheese, deli (lb) 1 dairy 5.52 5.86 5.52
peanut butter, store brand (oz) 28 grocery 2.96 2.96 2.96
grape jelly, store brand (oz) 32 grocery 1.89 1.82 1.82
kidney beans, dark, store brand (oz) 15.5 grocery .86 .87 .87
can green peas, store brand (oz) 15 grocery .92 .92 .92
can diced tomatoes, store brand (oz) 14.5 grocery .94 .94 .94
can cut green beans, store brand (oz) 14.5 grocery .92 .92 .92
can corn, store brand (oz) 15.25 grocery .92 .92 .92
spaghetti sauce, store brand (oz) 26 grocery 1.13 1.13 1.13
cola, store brand (lt) 2 grocery .89 .89 .92
caffeinated coffee, store brand (oz) 13 grocery 3.25 3.38 3.71
diapers, store brand, size 3 (ct) 104 baby 17.82 17.82 17.82
formula, Enfamil Premium, Lipil (oz) 23.4 baby 22.94 22.94 22.94
child ibuprofen, OS, store brand (oz) 4 hlth/bty 4.96 4.96 4.96
adult ibuprofen, store brand (ct) 100 hlth/bty 6.92 6.72 6.72
shampoo, Suave (oz) 22.5 hlth/bty 1.71 1.71 1.71
pads, long, 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 4.41 4.11 4.15
paper towels, 2 ply, store brand (ct) 8 hshld 7.26 7.26 7.26
hot dogs, meat franks, store brand (oz) 16 meat 2.46 2.46 2.46
ground beef, 80% lean (lb) 1 meat 3.32 3.32 3.32
eggs, large (doz) 1 meat 1.99 1.71 1.72
lunchmeat, deli ham (lb) 1 meat 4.59 4.06 4.06
chicken, roaster (lb) 1 meat 1.56 1.62 1.59
fish sticks, Gortons (ct) 44 meat

7.86

7.86 7.86
tuna, water packed, store brand (oz) 5 meat .96 .78 .78
bananas (lb) 1 produce .58 .58 .58
apples, red delicious, bag (lb) 3 produce 3.42 3.76 3.59
carrots, bag (lb) 2 produce 2.09 2.02 2.12
OJ, non-concentrate, store brand (oz) 64 produce 2.56 2.66 2.66
potatoes, Russet (lb) 5 produce 3.66 3.82 3.99
sugar, store brand (lb) 5 staple 3.12 3.21 3.24
flour, All Purpose, store brand (lb) 5 staple 1.92 1.99 1.99
canola oil, store brand (oz) 48 staple 3.12 3.26 3.66
rice, white, long-grain, store brand (lb) 2 staple 1.59 1.67 1.67
           
 Total     179.51 179.50  180.52
           

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *