Tuesday, April 14, 2009

Set PPI = $1.52

5 lb Part Skim Mozzarella: $8.86 (a)
102 oz tomatoes: $2.63 (b)
25 lb flour: $9.78 (c)
720 Slice of Pepperoni: $8.32 (d)

Enter the PPI equation:

PPI = $0.01 + (a)/10 + ((b)/24)(2) + (c)/50 + (d)/40; or

PPI = $0.01 + $0.89 + $0.22 + $0.20 + $0.21; thus

Set PPI = $1.52, up from $1.45.

The PPI has returned to the level it was at when tracking first began, and is up 5% in a little over a month. History:

07FEB: $1.52
13FEB: $1.47
02MAR: $1.45

1 comment:

Anonymous said...

Bill, it's April 15th, and your bet about Obama's approval rating being 50% or lower is due. http://www.balloon-juice.com/?p=16664#comment-1140373

You lost.