Private Superforecasting Workshop asks:
What will the 12-month percentage change in the US Consumer Price Index (CPI) for "Food" in November 2022?
Food prices in the US and around the world are rising quickly due to various factors, including Russia's invasion of Ukraine (NY Post, USDA Economic Research Service). The question will be suspended on 30 November 2022 and the outcome determined using the 12-month percentage change as first released by the Bureau of Labor Statistics for "Food," expected in December 2022 (BLS, select "Food"). For November 2021, the change was 6.1%.
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The question closed "Between 10.0% and 12.5%, inclusive" with a closing date of 1 December 2022.
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