SUSHI: A CRASH COURSE ON INFLATION
What will a tuna roll set you back these days?
We’re talking sushi-grade tuna, with rice, seaweed, and vegetables.
How much will that run you — and how much more is it going to cost today versus a couple of years ago?
That could depend on where you live.
Still, these days, it’s almost impossible not to pay more for pretty much everything, including a standard tuna roll.
Any of us can find that frustrating, especially when it feels like the price hikes just keep coming.
But that doesn’t make them unfair or mean they’re purely fueled by greed.
Many are tied to world events and factors beyond anyone’s control.
Of course, that’s not what you see when you’re footing the bills for higher-priced tuna rolls.
But those higher costs (and an understanding of inflation) can be easier to digest when we take them in one ingredient at a time.
Let’s see what that looks like in an ingredient breakdown of today’s costs of a tuna roll, compared to the costs in 2021.*
*All costs are estimates or averages at the time they were collected. They are intended to demonstrate the concept of price fluctuations and the multifaceted nature of inflation, not to provide definitive pricing for any specific period or location. The key takeaway is the overall trend and the various factors influencing price changes, rather than the exact numbers themselves.
6 TUNA ROLL INGREDIENTS & WHAT THEY REVEAL ABOUT THE FORCES BEHIND INFLATION
COMPLEX FACTORS BEHIND THE SCENES CAN BE PULLING MORE STRINGS THAN WE REALIZE. WHILE INFLATION CAN BE CHALLENGING, IT’S JUST ONE FACTOR IN YOUR OVERALL FINANCIAL PICTURE.
FINANCIAL LESSON:
HOW TO LOOK PAST THE STICKER SHOCK & NAVIGATE INFLATION WITH GREATER CONFIDENCE
You don’t have to be a sushi connoisseur to see what’s fueling inflation here.
Complex factors behind the scenes can pull more strings than we realize, affecting not just our favorite foods but our entire financial landscape.
That’s probably why it’s more expensive than ever to dine out and to eat in these days.19
And at the risk of stating the obvious, it’s also why food isn’t the only place where inflation’s driving prices sky high.19
Electricity, fuel, and health care costs have also spiked since 2021.19
That’s partly due to some of the same factors behind the rising food costs. Weather, supply chain issues, and harvest failures can have far-reaching impacts well beyond food alone.
Of course, some wild card factors can be at play too, like international conflict and the politics of imports and exports.
While inflation can be challenging, it’s just one factor in your overall financial picture. By staying informed, maintaining a balanced financial strategy, and seeking professional guidance when needed, you can be better prepared to adapt to economic changes and work towards your long-term financial goals, regardless of inflationary pressures.
Sincerely,
Chitra Patel, CFP®, CPWA®
P.S. Sign up for my emails. My subscribers get my best insights.
Not receiving our newsletter?
Get insightful info on finances and more in your inbox every month with the
VISUAL INSIGHTS NEWSLETTER
- https://www.mounthopewholesale.com/product/rices/sushi-rice/
- https://web.archive.org/web/20210724014158/https://www.mounthopewholesale.com/product/rices/sushi-rice/
- https://downloads.usda.library.cornell.edu/usda-esmis/files/dn39x152w/4q77hf155/v405v058j/05_2024_MAY___RICE_OUTLOOK_REPORT.pdf
- https://www.webstaurantstore.com/63325/seaweed.html
- https://web.archive.org/web/20211207222315/https://www.webstaurantstore.com/63325/seaweed.html
- https://www.mdpi.com/2071-1050/16/5/2107
- https://www.selinawamucii.com/historical-prices/united-states-of-america/tuna/2024-07-01/
- https://www.selinawamucii.com/historical-prices/united-states-of-america/tuna/2021-07-01/
- https://www.tridge.com/insights/current-price-trend-in-the-market-for-yellowfin-tuna
- https://data.ers.usda.gov/reports.aspx?programArea=fruit&top=5&HardCopy=True&RowsPerPage=25&groupName=Noncitrus&commodityName=Avocados&ID=17851#Pc516d572db1545be97eddcae98580820_7_384
- https://www.marketwatch.com/story/your-avocado-toast-could-soon-get-more-expensive-again-7edb5f8a
- https://www.latimes.com/california/story/2024-06-18/usda-halts-avocado-inspections-in-mexico-citing-security-concerns
- https://www.selinawamucii.com/insights/prices/united-states-of-america/cucumber/
- https://extension.msstate.edu/publications/vegetable-wholesale-markets-2015%E2%80%932021-price-report
- https://www.producebluebook.com/2024/03/11/produceiq-cucumber-prices-at-record-levels/
- https://www.webstaurantstore.com/kikkoman-traditionally-brewed-soy-sauce-dispenser-5-fl-oz-dispenser-case/13700280.html
- https://web.archive.org/web/20210511150325/https://www.webstaurantstore.com/kikkoman-traditionally-brewed-soy-sauce-dispenser-5-fl-oz-dispenser-case/13700280.html
- https://www.verifiedmarketresearch.com/product/soy-sauce-market/
- https://www.bls.gov/news.release/cpi.nr0.htm
Risk Disclosures:
Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance does not guarantee future results.
This material is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. The content is developed from sources believed to be providing accurate information; no warranty, expressed or implied, is made regarding the accuracy, adequacy, completeness, legality, reliability, or usefulness of any information. Consult your financial professional before making any investment decision. For illustrative use only.
Investment advisory services offered through NewEdge Advisors, LLC, a registered investment advisor. Advisory services are only offered to clients or prospective clients where NewEdge Advisors, LLC doing business as WealthWorth and its representatives are properly licensed or exempt from licensure. The information contained herein is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by NewEdge Advisors, LLC dba WealthWorth unless a client service agreement is in place.
