This episode looks at counterintuitive consumer behavior: why organic food sales remain strong even as grocery bills climb. It also covers the rise in credit card chargebacks (partly due to fraud), the Federal Reserve's use of 'sticky-price CPI' to gauge inflation, the effect of global conflicts on diesel prices, and a Maine nonprofit's work to attract the next generation of lobstermen.
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Highlights
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Organic Food Sales Hold Steady Amid Inflation
Marketplace reports that Americans are doubling down on organic food purchases, even as overall grocery costs have risen 26% since 2020.
Marketplace explains that the Federal Reserve uses the 'sticky-price CPI' to assess underlying inflation, rather than predicting the exact future rate.