But the BLS says inflation is 2.7%. July 17 – Associated Press (Josh Funk): “Anyone firing up the grill this summer already knows hamburger patties and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much relief soon either. The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago… The average price of all uncooked beef steaks rose 8% to $11.49 per pound.”