There was a German or Austrian guy who because well known because he managed to publish a large database showing conclusively that many special offers in supermarkets were rigged nonsense ... anyone remember who this was and whether there is a website for this? #prices#FoodPrices#supermark
Retail food profits in #Canada have more than doubled:
▪ 2019: $2.4Bnet income
▪ 2023: > $6B
🧐 The grocery chains were called to Ottawa to explain…
Loblaws, Metro, Sobey:
😱 "Profiteering? No, no, no!"
But food inflation has been higher than the general rate of inflation, & Cdns are buying fewer groceries (honestly, I don't know how some of my neighbours manage.)
We need something like this in the USA. Something to shed some light on all these corporations raising their prices when people are struggling to get by. A comparison tool like the one @badlogic built.
Carrefour puts ‘shrinkflation’ price warnings on food to shame brands
French supermarket chain labels products that have shrunk in size but cost more before contract talks with suppliers
Since Monday, Carrefour has been putting stickers on products that have shrunk in size but cost more even after raw materials prices have eased, to rally consumer support
Tengo la impresión de que no se está insistiendo mucho en los medios sobre la posible relación entre inflación y el aumento de la meteorología extrema por el cambio climático.
Me recuerda este artículo de @WIRED que los últimos meses han sido terribles para muchas cosechas ... (1/3)
"The reality is that rising food prices should be our constant reminder of the havoc that climate change is causing. In 2023, extreme weather, such as heat waves, droughts, and floods, was the main disrupter of food prices, causing widespread damage to crops and livestock globally. "
It doesn't really matter to most people if overall inflation is 6% or 8% if food prices are rising this fast. It's the one cost that everybody pays every week. For middle class families like mine this is an inconvenience, but for lots of NZers it's a crisis. Climate change will make crops
yields worse and food prices rise even higher. So we can't reduce our focus on emissions reduction because of the 'cost of living' because that will make the problem even worse in future. #climate#foodprices
The real cause of skyrocketing food prices is corporate greed and market concentration—and one group of farmers has the receipts.
The National Farmers Union (NFU) has submitted data to the House of Commons agriculture committee which details how much retail food prices have risen compared to the prices that farmers receive for their goods.