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 $185.00, for a single month increase of 1.1%. The August price index is now at 104.85 – from November 2010’s baseline level of 100 – for a 10 month rise of 4.85%.
What’s notable about the August data is that of the 47 items in the basket, 17 – more than one third of the basket – saw their prices rise and six of these had price increases greater than 5%.
Below is a summary chart of the final average prices, index levels and three month moving average of each month.
Month | Price ($) | 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 |
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 |