The 47 item PracticalDad grocery marketbasket was surveyed at the three separate grocery stores for May and the results show only a slight increase from April’s results. With major central banks – the Federal Reserve, the Bank of Japan and the European Central Bank – going all out to push for inflation, there’s little to show since the indices dropped from their December 2012 highs; indeed, they are slowly crawling up from February 2013 and the wait for inflation increasingly resembles a scene out of Samuel Beckett’s Waiting for Godot.
Month Total Index Food-Only Spread
2/13 107.81 113.59 5.78
3/13 107.24 113.35 6.11
4/13 107.29 113.46 6.17
5/13 107.64 113.68 6.04