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this post was submitted on 18 Jun 2024
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A Boring Dystopia
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The main issue with their reporting is that they completely fail to mention that the profits of the retail chains have also spiked and are the main "cause" of these price increases.
Agreed. Corporate profits and CEO pay are at all time highs while the struggling consumer continues to be gouged.
For me the main issue with their reporting is the sheer laziness. A lackadaisical survey of sentiment should not supplant actual data which is available to the lazy journalist @CNBC.