News

Subject Inflation, collapsing chicken prices a good match
Date 2022-11-10
URL www.wattagnet.com/blogs/47-us-poultry-industry-insights/post/46148-inflation-collapsing-chicken-prices-a-good-match

When was the last time the price went down for any product?

In this era of inflation, consumers are seeing more of their paycheck and nest egg quickly eaten up by daily purchases. According to the U.S. Bureau of Labor Statistics’ Consumer Price Index Inflation Calculator, the strength of a shopper’s dollar fell by 8.2% between September 2021 and September 2022. The same metric shows the dollar is about 28% weaker than in September 2012.