How bad is inflation? Check out how much Stouffer’s frozen lasagna costs


Call it the lasagna index. 

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said in an interview with CNN on Tuesday that he gauges inflation and its impact on consumers by looking at the cost of a favorite family dinner item.

Namely, Stouffer’s frozen lasagna. 

“I pay attention to grocery prices. There is this large tray of lasagna that I used to buy that used to cost around $16. Now it’s around $21,” said Kashkari in reference to the Stouffer’s product. “That’s my own little measuring stick of how inflation is going.” 

Stouffer’s frozen lasagna comes in a variety of sizes and styles.


Kashkari said the Fed will likely have to continue raising interest rates to push inflation down. The Fed recently hiked its benchmark short-term rate to 4.75%, but Kashkari said he’d advocate for an eventual hike up to 5.4%. “I’m a little bit on the higher end than some of my (Fed) colleagues,” he said. 

Kashkari isn’t the only one taking note of the higher price of the much-loved Stouffer’s product, which comes in a variety of sizes and styles, and what it means in terms of the big economic picture. 

“I gauge inflation based on Stouffer’s frozen 4 meat lasagna,” one person tweeted last year.

MarketWatch reached out to officials with Nestlé
the parent company of Stouffer’s, for comment about pricing, but didn’t receive an immediate reply. 

Of course, most consumers have a key item or two in their supermarket basket that they track in terms of price changes, be it staples like bread and milk or a specialty product like frozen lasagna. And much attention has been paid of late to egg prices, which surged late last year because of the avian flu (though wholesale egg prices are now falling). 

The Economist also created a “Big Mac index,” examining the cost of the popular McDonald’s sandwich across the world, as a way to look at currencies. That said, the publication noted that “Burgernomics was never intended as a precise gauge of currency misalignment.”


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Jacob Keiter is a husband, a writer, a journalist, a musician, and a business owner. His journey to becoming a writer was one that was paved with challenges, but ultimately led him to find his true calling. Jacob's early years were marked by a strong desire for creative expression. He was always drawn to music, and in his youth, he played in several bands, chasing the elusive promise of fame and success. However, despite his best efforts, Jacob struggled to find the recognition he craved. It wasn't until he hit a low point in his life that Jacob discovered his love for writing. He turned to writing as a form of therapy during a particularly difficult time, and found that it not only helped him to cope with his struggles, but also allowed him to express himself in a way that he had never been able to before. Jacob's writing skills quickly caught the attention of others, and he soon found himself working as a journalist for The Sun out of Hummelstown. From there, he went on to contribute to a variety of publications, including the American Bee Journal and Referee Magazine. Jacob's writing style is reflective of traditional journalism, but he also infuses his work with a unique voice that sets him apart from others in his field. Despite his success as a writer, Jacob also owns another business, JJ Auto & Home, which specializes in cleaning. Jacob's commitment to excellence is evident in all of his endeavors, whether it be in his writing or in his business ventures. Today, Jacob is the author of two books and continues to inspire others through his writing. His journey to becoming a writer serves as a reminder that sometimes our darkest moments can lead us to our greatest achievements.

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