There’s a growing narrative online—especially among Kamala Harris supporters—that grocery prices really haven’t increased that much. The idea is that inflation has slowed, and prices are stabilizing.
Inflation adjust the company sales figures. If Home Depot same store sales fell by 3% in $ value - they actually declined by 3% plus inflation - about 33%. HD prices (especially lumber) are up by at least 30%. since 2020.
Even if one uses government CPI - (which understates inflation by 2-3x) HD same store sales are still down 12%. See John Williams Shadow Stats for more realistic economic measures.
Inflation adjust the company sales figures. If Home Depot same store sales fell by 3% in $ value - they actually declined by 3% plus inflation - about 33%. HD prices (especially lumber) are up by at least 30%. since 2020.
Even if one uses government CPI - (which understates inflation by 2-3x) HD same store sales are still down 12%. See John Williams Shadow Stats for more realistic economic measures.