Inflation Arrives

Inflation continues. Consumers may want to stock up on non-perishables before prices go higher. Coffee drinkers, stock up now.

Costco says inflation is here:
"Inflation is clearly back ..."
"He listed examples of items that are up, including dog food (3.5 percent), detergents (10 percent), water (10 percent), plastic plates and cups (8 to 9 percent) and trash bags (4 percent)."


Fourth price hike in a year, this time 11% higher:
"... coffee maker J M Smucker Co (SJM.N) raised prices for key
brands including flagship Folgers by an average of 11 percent
on Tuesday, its fourth and biggest hike in a year."

Starbucks says "it will raise the prices for bagged coffee sold at its U.S stores by 17% ..."
From the same article, "Over the past 12 months, coffee contract prices for Arabica beans are up 99% on the IntercontinentalExchange."