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Companies using inflation excuse to push up prices

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  • 05-02-2022 12:39am
    #1
    justmehere
    Registered Users Posts: 143 ✭✭


    The latest in the inflation scam... Greyhound bin collection putting up prices by €2.99 a MONTH from 1st March, an extra €35.88 a year on all plans.

    If inflation is running at 5.1%, why are prices going up over 18%?!

    Standard plan: €19.49/month - €233.88/year (+18.1%)

    Family plan: €21.49/month - €257.88/year (+16.2%)

    Family plus plan: €25.49 - €305.88/year (+13.3%)

    Tagged:


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    #2
    HerrKapitan
    Registered Users Posts: 461 ✭✭HerrKapitan


    If you are a business owner that isn't raising prices now, you are a fool.

    People nowadays are paying money just to leave a comment on YouTube (superchat) or even for jars of farts.

    So they can afford inflation.



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    #3
    ongarite
    Registered Users Posts: 8,255 ✭✭✭ongarite


    Diesel up nearly 25% since this time last year accounting for large % of the increase.



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    #4
    Danzy
    Registered Users Posts: 13,826 ✭✭✭✭Danzy


    I'd love if my business costs were only up 5%.


    In my private life I'd love if my expenses were only up 5%.


    Inflation figures often do not grasp the full picture for a lot of people.



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    #5
    Gant21
    Registered Users Posts: 1,261 ✭✭✭Gant21


    Recession by the summer. Crypto will blow its load.



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    #6
    justmehere
    Registered Users Posts: 143 ✭✭justmehere


    Handy they don't have to publish their accounts...

    "Greyhound...does not file accounts in Ireland, having reorganised its corporate structures in December 2010.Group owners Michael and Brian Buckley transferred their shares in the companies to limited liability companies in the Isle of Man, where such companies do not have to publish accounts." 1



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    #7
    [Deleted User]
    Posts: 864 ✭✭✭ [Deleted User]


    You do realise what inflation is @justmehere and what causes it?



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    #8
    Ubbquittious
    Registered Users Posts: 6,224 ✭✭✭Ubbquittious


    Once one sector of businesses start leapfrogging they all start doing it



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    #9
    mariaalice
    Registered Users Posts: 12,500 ✭✭✭✭mariaalice


    Some GP'ss jumping on the bandwagon too.



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