>>>>Wal-Mart CEO Bill Simon expects inflation:
>>>>http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm
>>>>
>>>>Snippet:
>>>>
>>>>Along with steep increases in raw material costs, John Long, a retail strategist at Kurt Salmon, says labor costs in China and fuel costs for transportation are weighing heavily on retailers. He predicts prices will start increasing at all retailers in June.
>>>>
>>>>"Every single retailer has and is paying more for the items they sell, and retailers will be passing some of these costs along," Long says. "Except for fuel costs, U.S. consumers haven't seen much in the way of inflation for almost a decade, so a broad-based increase in prices will be unprecedented in recent memory."
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>>>We are seeing real inflation here and I feel its not accurately getting through in the stats. I know my weekly shopping bill seems to climb every week. Basic staple items are going up a lot.
>>
>>I've noticed the same so I'm not sure where the stories of not seeing it in the states yet come from...
>
>The same here. We have seen increase in fuel cost of about 15% last 3-4 months. (now about 1.20e / liter)
>It reflects naturally to all other prices. Our of curiosity; how much do you pay for fuel there ?

About $3.80/gallon