Inflation stats

Live cattle just closed at their highest price on record and are now up ~20% this year alone.

Meanwhile, olive oil prices are up 100% and orange juice prices are up 70% this year.

Inflation on food away from home stands at 6.5% and inflation on meats, poultry, fish, and eggs is… pic.twitter.com/v4mprshMG9

— The Kobeissi Letter (@KobeissiLetter) September 22, 2023