Tuesday, January 31, 2012

Sticker shock

Walmart's house-brand interior satin finish paint is now $16.97 a gallon at my local store.

Last March, the same paint, same color, same SKU number, was $13.97. 

I dug up some old receipts. In December 2007, same paint, same color, was $12.87.  In February 2007, $11.44 a gallon.

I wish I knew what triggered the latest rise in price. While I can't draw hard conclusions from one item, I don't dismiss the notion that inflation is with us. And its pace seems to be quickening. 

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