AnneTheWriter1, A #MustRead #thread🧵 by @badlogic about his data analysis of #grocery #prices over the past several years in #Austria.
Don't think it isn't relevant to you if you don't live there, because it probably is. It certainly reflects trends many people have posted about in the #USA and the #UK, and I would bet it applies elsewhere, as well.
The #supermarket store chains use #marketing tricks of on-site #discounts, #coupons, and frequent shopper reward schemes, making it nearly impossible to know the real prices of items over time, and allowing companies to creep prices upwards unchecked. But this #DataAnalysis method clarifies how so many corporate profits increased so much post-Covid.
Take the time to read the whole thread. It's fascinating-- and eye opening.
#Inflation #Groceries #CostOfLiving #Food #MarketTrends #DataAnalyses #Markets #MarketCompetition #PriceGouging #PriceFixing #PriceGougingCompanies
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