Grocery prices are finally decreasing

seadoug said:
I saw this on a local news station this morning, but here is an article from CNN. It is minimal, but every little bit helps. Apples and eggs are specifically mentioned. Meanwhile, the cost of dining out and even fast food prices continues to increase.

https://www.cnn.com/2024/05/15/business/grocery-prices-april/index.html
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this is true.. someone noticed or it was reported that prices of food are very slightly decreasing, but the price of eating out as you say is now becoming scandalously high...
 
I'm not seeing prices decreasing...I'm seeing companies putting more of their products "on sale" more to try to bolster slumping sales on non-necessary items. Of course, these "sale" prices are still more than they were before the current administration ruined the economy. They last for a week or two and then return to the new normal prices.

Eggs are still 3x the price they were previously rather than the 6x they were last year. Milk has doubled. Butter has almost tripled. But chips are down to only 1.5x they used to be. Soda fluxes and is now up to $3 a 2-Liter for some brands (remember when name brands were $.99 each?) The media claims that inflation is reducing, but what actually is happening is that the rate of growth is reducing. Last month, inflation only grew by 3.4% rather than the previous month of 3.6%...but it still is growing, not reducing.
 

His Dudeness said:
I'm not seeing prices decreasing...I'm seeing companies putting more of their products "on sale" more to try to bolster slumping sales on non-necessary items. Of course, these "sale" prices are still more than they were before the current administration ruined the economy. They last for a week or two and then return to the new normal prices.

Eggs are still 3x the price they were previously rather than the 6x they were last year. Milk has doubled. Butter has almost tripled. But chips are down to only 1.5x they used to be. Soda fluxes and is now up to $3 a 2-Liter for some brands (remember when name brands were $.99 each?) The media claims that inflation is reducing, but what actually is happening is that the rate of growth is reducing. Last month, inflation only grew by 3.4% rather than the previous month of 3.6%...but it still is growing, not reducing.
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not the case here in the UK..basics like eggs, butter and milk didn't double much less triple in price, altho' they did rise substantially.. and now their prices have come down again ...

for example 1/2 gal of milk is £1.45... it had risen to £1.70 but it's back down again.. Butter was the highest riser, at one point stores were charging £8 for 1/2 a pound of butter, but again these prices have dropped again nearer the original prices..
 
hollydolly said:
not the case here in the UK..basics like eggs, butter and milk didn't double much less triple in price, altho' they did rise substantially.. and now their prices have come down again ...

for example 1/2 gal of milk is £1.45... it had risen to £1.70 but it's back down again.. Butter was the highest riser, at one point stores were charging £8 for 1/2 a pound of butter, but again these prices have dropped again nearer the original prices..
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We had a big Bird Flu issue in the US last year where farmers killed millions of birds. The ultra-high price hike was because of that. Dairy costs here have shot through the roof for whatever reason they can make up. Milk is around $4-5 a gallon and 16oz of butter is as high as $7. Just like with gasoline price changes, they no longer say why prices jump, they just do it now and ignore the public outcry until the press starts mentioning it...suddenly prices begin a slow reduction until they think nobody is paying attention. We, the consumers, are getting Rogered on a constant basis.
 
His Dudeness said:
I'm not seeing prices decreasing...I'm seeing companies putting more of their products "on sale" more to try to bolster slumping sales on non-necessary items. Of course, these "sale" prices are still more than they were before the current administration ruined the economy. They last for a week or two and then return to the new normal prices.

Eggs are still 3x the price they were previously rather than the 6x they were last year. Milk has doubled. Butter has almost tripled. But chips are down to only 1.5x they used to be. Soda fluxes and is now up to $3 a 2-Liter for some brands (remember when name brands were $.99 each?) The media claims that inflation is reducing, but what actually is happening is that the rate of growth is reducing. Last month, inflation only grew by 3.4% rather than the previous month of 3.6%...but it still is growing, not reducing.
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FYI, discussions on domestic politics are not allowed in this forum.
 
I pay usually between $5-6 for a half gallon of organic milk. That price seems be remain fairly constant. I think eggs are slightly lower in price..I really need to check the prices again next time I am at the grocery. Hoping the prices are truly lowered a bit.
 
His Dudeness said:
I'm not seeing prices decreasing...I'm seeing companies putting more of their products "on sale" more to try to bolster slumping sales on non-necessary items. Of course, these "sale" prices are still more than they were before the current administration ruined the economy.
Click to expand...
Exactly what I've been seeing. Many prices are literally double what they were a year and a half ago... so they do a "sale" which makes the price still at least 25% higher than it was a relatively short time ago. All part of the game that they try to sucker us into playing. One thing in particular I buy (ooops, used to buy!) was a straight $4. Then it went to $5.99. Then it went to $8.89. The product is now $7.24 (I just looked) because it's "on sale" this week. :oops::rolleyes:
 

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