Texflation in November drops thanks to gas and used cars | Opinion
Add the pickup truck to your gift list for the archetypal Texan in your life.in used-car prices and gasoline. Early birds picked up specials at the mall, too, at least for a minute. A deeper level of discounts was offered in Black Friday sales as stores tried to clear overstuffed shelves. Baseline prices, however, are still rising.
Most Texans are still digesting a costly Thanksgiving. The Farm Bureau Federation estimated that the average American paid 20% more for turkey and fixings in 2022 than a year earlier. Never have seconds been such a precious commodity; never were leftovers such a premium meal. Rents stabilized this month in major Texas cities, at $1,530 a month. They would still eat up the majority of the average Texan’s paycheck, though.” keeps his load lighter than last year.suggested toymakers are pushing smaller versions of popular classics. Food manufacturers pioneered this trend by keeping prices of crackers and cereal boxes steady but quietly reducing the amount of dried food they contained.
Texas has got every blend of inflation: there’s “stagflation” because the economy is slowing, hurting consumer confidence; there’s supply-driven inflation, with lockdown protests in Chinese industrial cities driving up the prices of smartphones; there’s demand-driven inflation for airline and sports tickets.Rudolph’s, the meat market in Deep Ellum, not the red-nosed reindeer, has kept brisket prices steady this month.
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