Mushkin: Meredith is right when she says inflation has largely been in perishables. But in the last month or two, it's been spilling across other categories. Heinbockel: It's in virtually every item in the store, which brings up a bigger question: If inflation continues to squeeze out discretionary spending, do the companies that sell consumables actually look pretty good compared to everybody else, whose business is very weak? Adler: It would be great if that was true, but ...
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