>> $2.50/box today relative to $2.00/box in 2019 represents +25% inflation...so nowhere near purported pre-COVID levels.
Annualized, that is 5.7% inflation. (1.25 increase ^ 0.25 for 4 years elapsed). So not pre-covid levels, but not nominal 25% annual inflation. Still a little over 2x desired annual growth rate.
Annualized, that is 5.7% inflation. (1.25 increase ^ 0.25 for 4 years elapsed). So not pre-covid levels, but not nominal 25% annual inflation. Still a little over 2x desired annual growth rate.