Labor Day Inflation

The Lempert Report
August 29, 2023

We just got this from the e-commerce accelerator, Pattern, Labor Day prices are up. And what's interesting, according to the Bureau of Labor Statistics, their most recent report is that inflation rose 3.2% for major categories of goods over the last year. But when we look at Labor Day, mayonnaise is up 16%, so maybe not so much, coleslaw and potato salad this year. Potato chips are up 12%, Soda is up 5%, Ketchup up 5%, there's up 4%, American cheese up 4% and lettuce is up 4%. So even though inflation 3.2%, we're starting to see a lot of increase in some of these numbers which, for a lot of people, might change what they're going to actually serve on Labor Day.

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