Tuesday, May 13, 2008

How Much Food in YOUR CPI?

Interesting difference, quoted in BigPicture:

"In the U.S. counts food as only 8% of the CPI index. Whereas, it counts for about 10% in the United Kingdom, about 15% in the rest of Europe and more than 18% in Japan."

So do they eat more in the UK? Japan?

BigPic also points to a NYTimes chart indicating that food is 15% of household expense.
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1 comment:

  1. grumps5/14/2008 9:28 AM

    Or....We buy so much other stuff that we dilute the effect of food on our household expense.

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