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opendoor · 06-27-2023, 01:16 PM

Food inflation is basically a function of input costs inflation (energy, labor, etc.) but with a lag of 6 months or so. Because input cost inflation has dropped by about 50% in the last 7-8 months, food inflation will likely continue to drop as well:

https://twitter.com/user/status/1673701322019987457

That's only up to February, and inflation has dropped even more since then.

06-27-2023, 01:16 PM	#1305
opendoor Franchise Player Join Date: Apr 2007 Exp:	Food inflation is basically a function of input costs inflation (energy, labor, etc.) but with a lag of 6 months or so. Because input cost inflation has dropped by about 50% in the last 7-8 months, food inflation will likely continue to drop as well: https://twitter.com/user/status/1673701322019987457 That's only up to February, and inflation has dropped even more since then.