Walmart Survey Shows Inflation Already Here

Posted on November 14, 2010


There might not have been a second round of quantitative easing, if Federal Reserve Chairman Ben Bernanke shopped at Walmart.

A new pricing survey of products sold at the world’s largest retailer showed a 0.6 percent price increase in just the last two months;

The “inaugural price survey shows a small, but meaningful increase on an 86-item grocery basket,”

Most of the items chosen to track were every day items like food and detergent and made by national brands.

via CNBCs Fast Money: Secret Walmart Survey Shows Inflation Already Here – CNBC.