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UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

grocerygazette.co.uk

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Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#671

Post by varispeed »

andy_ppp wrote: post #137

I 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…

Some supermarkets also have predatory practices to coerce people into using their data harvesting programs.

Like you pay £1.5 for essential product if you scan a card otherwise it is £3.

These should be made illegal.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#672

Post by unity1001 »

dukeyukey wrote: post #627
unity1001 wrote: post #601

Earlier quoted context omitted.

"European Union Inflation Rate is at 9.90%, compared to 10.00% last month and 6.20% last year. This is higher than the long term average of 2.12%." https://ycharts.com/indicators/europe_inflation_rate > The UK is absolutely capable of tapping EU supply, I don't understand what are you trying to falsify. CNBC or their news about the UK not being able to import as it used to from the Eu. "...James Walton, chief economi…

I (we?) were discussing food inflation, but generalised inflation is higher in the UK - 10.4% Vs EU of 9.9%.Not a massive difference. You said the UK, due to Brexit: > Since the UK is out of the Eu, its not possible to access the Eu domestic supply anymore Which is just plain not true. Deprioritised, sure, but not unable. A lot of people take the Daily Mail seriously (including other news outlets too) when they say s…

> I (we?) were discussing food inflation, but generalised inflation is higher in the UK - 10.4% Vs EU of 9.9%.Not a massive difference

The difference apparently is in how much the inflation affects different basket items. Like food.

> Deprioritised

Yeah, that means 'unable' when there is a shortage like how there is just now.

> A lot of people take the Daily Mail seriously (including other news outlets too) when they say stuff like we can't get tomatoes

CNBC is not daily mail.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#673

Post by yadaeno »

xd wrote: post #4

A lot of the inflation on food is increasingly feeling like businesses cashing in. For instance my old go to brand of breed increased by over 50% months ago.

in SF the unlicensed hotdog vendors are selling hotdogs for $8. They used to be $2-3.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#674

Post by Mountain_Skies »

samhuk wrote: post #167

As 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…

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Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#675

Post by ImPostingOnHN »

ThunderSizzle wrote: post #463
SkipperCat wrote: post #314

Earlier quoted context omitted.

The war in 100% the result of Putin. Putting the responsibility of this on Biden doesn't make sense. Besides, Russia was sending troops into eastern Ukraine since 2014, way before Biden took office.

You showed the evidence in your own post. The return to Biden brought the return of typical American foreign policy, which Trump upset. This foreign policy plan has basically been the same under Bush, Obama, and Biden. The last time Putin pushed the Ukraine issue was under Obama. Under Trump’s watch, Putin didn't dare touch Ukraine. If I was Putin, and I wanted to invade a country, I would sure as hell prefer Biden a…

now the story changes: the war that putin started in 2014 is not the fault of Biden, but the fault of the foreign policy of everyone except the former guy?

instead of the dude who actually started it with the invading?

you also seem to misunderstand that Putin has been "touching Ukraine" since the war started in 2014, and the former guy did nothing to stop the war

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#676

Post by varispeed »

illiarian wrote: post #29

Meanwhile in Sweden the CEO of ICA, the largest supermarket chain in the country (53% of the market) said yesterday: "It is actually the consumer who controls what they are prepared to pay for a product. In the end, it is they who decide." https://omni.se/icas-vd-det-ar-kunderna-som-avgor-matpriset/...

The supermarkets in the UK engage in price fixing so consumer can only decide so much when each supermarket has the same price and smaller shops are priced out of the market.

In the UK where big business dominate, the competition is illusory and regulators turn the blind eye.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#677

Post by hammyhavoc »

ElevenLathe wrote: post #119
legitster wrote: post #97

Earlier quoted context omitted.

Uh, how does one source produce except through imports? A weak Pound will make it more expensive. Even for things that can be domestically produced, like greenhouse tomatoes, they will still be more expensive even if they are now competitive with imports. And for items like rice and couscous you're not really going to be able to domestically produce them anyway.

Why can't you make couscous in the UK? It's just wheat.

Probably can't compete with the pricing of what it's imported for with the price of energy et al here.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#678

Post by withinboredom »

At this point, I feel like people are rising prices because everyone else is rising prices because “inflation.” Literally my wife raised her prices for haircuts simply because everyone else was and she was getting comments that she was too inexpensive.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#679

Post by TheOtherHobbes »

vuln wrote: post #615
virgildotcodes wrote: post #584

Earlier quoted context omitted.

We avoid inflation by taxing the wealthy and redistributing that to the lower socioeconomic classes. Global ecosystems are already in a free fall, we don’t need to “encourage production” [by deregulating industries? perhaps getting rid of those pesky environmental and worker protections? (that’ll definitely help out those workers) ] and even more rapid resource consumption.

Has this ever successfully been accomplished and if so where? Thanks!

The biggest growth period in the Western world - after WWII - happened to coincide with enthusiastic social spending programs, aggressive government funding of new R&D, and very high tax rates.

In the US the rate peaked at 91% on earnings over $400k - which is about $4m adjusted.

Re: UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years

#680

Post by mandmandam »

rabite wrote: post #663
Nifty3929 wrote: post #454

Earlier quoted context omitted.

The lower class does suffer the most, but unfortunately it is the policies intended to help them which actually cause most of the problem. By giving money to people without producing more stuff - or even making it harder to produce the same - you MUST have inflation, rationing, or empty shelves - and often all three. The solution to allowing lower classes to have more stuff is to make it easier for everybody to produ…

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