Walmart prices up at 3.6 percent annual rate

It isn't too surprising that different surveys of prices give different estimates, but this one indicates that prices might be going up a little faster than the Fed thinks.

A new pricing survey of products sold at the world’s largest retailer. ] showed a 0.6 percent price increase in just the last two months, according to MKM Partners. At that rate, prices would be close to four percent higher a year from now, double the Fed’s mandate. .
The “inaugural price survey shows a small, but meaningful increase on an 86-item grocery basket,” said Patrick McKeever, MKM Partners analyst, in a note. Most of the items McKeever chose to track were every day items like food and detergent and made by national brands. . .