I hear the inflation numbers and I'm always like "are they living in the same world as me?" Pre-COVID I used to able to run and get lunch for under $5. Now I'm lucky to spend less than $15.
This is my experience too. I don't know where the CPI ever gets its data. But Inflation is clearly over 100% for restaurants in California. Literally in the last 3 years.
UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
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Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#902Earlier quoted context omitted.
Funny that you mention nitrogen fertilizer, here in Belgium there is a minor agricultural crisis going on due to the ag sector needing to reduce nitrogen emissions.
Same in the Netherlands. Except I'm not so sure about the 'minor' part.
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#903Earlier quoted context omitted.
> the unavailability of affordable, healthy ingredients (fruits, vegetables) That's a complete lie. It's way cheaper to purchase healthy ingredients and cook than to get fast food. It's completely cultural.
Yes, and we have a culture of overwork so even if people did want to cook at home they’re too exhausted or short on time to consistently cook healthy meals. If humans behave rationally and eating healthy is cheaper and healthier why don’t more people do it?
It's a matter of culture.
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#904Living in the UK, yes food prices are rising. But I work for an NGO whose main focus is in East Africa and I've been tracking food inflation there and seeing 200-400% jumps over the past three years. Perfect storm of the lack of available fertilizer, wheat shortage and poor growing seasons over the past five years is hitting everyone. I don't see it geetting better until the world adjusts; swapping to alternative cro…
Funny that you mention nitrogen fertilizer, here in Belgium there is a minor agricultural crisis going on due to the ag sector needing to reduce nitrogen emissions.
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#905Earlier quoted context omitted.
Why is no one talking about Brexit in this whole equation? Yeah world is facing the brunt, but UK more so.
Because all of europe is in the same or worse place? No matter how much remainers want to blame brexit for everything, it isnt’t always the case. Central europe is around or a few points less than the um while easter and western europe are higher https://www.reddit.com/r/europe/comments/11zwtif/annual_infl...
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#906Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#907I hear the inflation numbers and I'm always like "are they living in the same world as me?" Pre-COVID I used to able to run and get lunch for under $5. Now I'm lucky to spend less than $15.
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#908For reference, that's a fairly average value for Europe at the moment. Not sure why the UK is being singled out. https://i.redd.it/8hbhiqhowjpa1.png
In general there seems to be a weird zeitgeist of negative exceptionalism in the UK at the moment. Not sure why but generally journos seem to write about issues like they are only hitting the UK when a simple google search shows they aren’t. It does come across like a weird concerted effort to paint the UK as collapsing since leaving the EU. The majority of journos seem to be able to write only negatively about UK cu…
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#909I cannot believe supermarkets these days, it is insane the increases in prices, I’ve seen £5 for a tube of normal toothpaste and £6 for a tiny Pizza that is sometimes available for £3. How people on modest salaries survive I don’t know. Quite often I’m starting to notice dark patterns in pricing where things you normally didn’t worry about will have randomly increased by £2-3 and you get the checkout and you’ve spent…
I took up cooking from scratch as a hobby a couple of decades ago. I highly recommend it.
After a bit of a learning curve, it's cheaper, tastier. and better for you than highly processed foodlike substances.
Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years
#910As a person living in the UK, I have definitely noticed a considerable rise in unit prices. One of many examples is that a loaf of my favourite bread increased from £3 to £4 recently, which was a shocker. Toilet roll prices, as ever what the news loves to talk about, has exploded, increasing by around 70% since 2020 by my anecdotal observation. A sad thought I have about inflation is the fact that it is, wittingly or…
> A sad thought I have about inflation is the fact that it is, wittingly or not, a weapon wielded by the rich against the middle and lower classes. I think you have it backward. I think the inflation is the byproduct of their ability to own and hoard assets like land and labor, and reap the most value from those things, while everyone else is unable to get a foothold. Inflation is happening because everyone is making…
Real average weekly and hourly earnings have decreased.
> and everyone got a bunch of during covid
Several thousand dollars is more money? That’s one rent or mortgage payment.
> and now a lot of people are having large swaths of debt cut from their lives
Where?