Supermarket Price Increases [Groceries]

lot of companies seem to have record prices, at least initially post covid-exit people probably didn't mind but are changing habits now so they're probably shooting themselves in the foot a bit with some of these crazy increases. tho when the minimum wage increases in jan from €10.50 to €11.30 im sure they'll go on a mad inflation run again for the sake of it

also hasn't helped that the government gave the alcohol industry a boost with their minium unit alcohol bs (despite it being a failed experiment elsewhere to treat alcoholism)

Honest to God, if you're gonna be spending 100 quid on fuel to get there and back, it ain't worth the trip.

Buy local, be discriminating.

And there is no bias in your position?

Alcohol here wasnt very cheap.

The government here didnt do it for health reasons but as a state sanctioned ripoff to appease publicans and other rent seekers.

If they were doing it for health reasons they wouldnt be going against the advice of all those same MUP backers and extending pub and club hours.

The more interesting question in the context of this thread is what are supermarkets doing with the extra income... discounting other loss leaders?

MUP is off topic for this thread.

Mighty Munch 6 packs in Aldi gone up from 1.49 to 1.69

The cheapest packs of Dunnes rashers went up by 12% this week. Now €2.19.

I'm onto value brands for pretty much everything now. It's getting harder to justify or afford splashing out on branded or premium, even mid range.

I think it is a bit of both. Like say a product is a euro and the supplier comes along and says to the supermarket sorry we have to increase it by 12% due to extra costs in the supply chain, energy, transport, etc. The supermarket is not going to sell that product at 1.12 and nor are they rounding it down to 1.09 and eating into their own profits. So the initial 12% supplier increase becomes a 19% increase on the shelves and it is now sold for 1.19. The supermarket blames it all on the supplier while knowing full well they are benefiting from the increase too.

We never see prices that are 1.13 or 1.17 or whatever. If the supermarkets were genuinely only adding the cost of the supplier increase to the product then we would see those type of prices. But instead they are rounding upwards and increasing their profits.They are all watching each others prices like hawks so as long as they all carry out this rounding up policy (which they do) then they all increase their margins whilst still maintaining price competition to their rivals.

Lidl simply doing the con that bigger supermarkets always indulged in. They "forget" to update the shelf labels.Being seeing it for years but has intensified over the last 3-4 years.

Lidl vinegar 568ml was 45c now 57c. Don't know if I mis-read the sign, as it is still 49c in Aldi

The refining process for sugar requires a lot of heat. With gas prices still very high (down on the peak but 3 times the price of last Oct), items like this simply have higher costs.

The cost price of raw sugar is about 48c / kg (it's another traded commodity and prices are online), so add in refining, packaging, transport and margins, it's not exactly a massive profit product

150g of L’OR intense coffee was €5.99, today €8.99 in Tesco!!

Just looking at Aldis and Dunnes Xmas brochures and turkey has gone up a lot this year. Last Xmas the largest birds were coming in around 4 euro a kilo, this Xmas it is 10 euro a kilo across the board. Then the processed birds like stuffed turkey or boned and rolled turkey are way more expensive, Dunnes have a 1.5kg boned and rolled turkey there costing 35 euro so it works out at 23 euro a kilo.

Have never seen turkey prices that high, its normally around the same as chicken. It could get higher too with the outbreak of avian flu in Monaghan. Aldi have a couple of turkeys on their brochure that they dont even know the price of yet. There was an outbreak of avian flu in the UK two weeks back and that send frozen turkeys up in price by 30% in a matter of days so we could see similar here.

For some reason duck hasnt gone up that much, last Xmas a 2kg duck was about 9 euro, this one the same weight comes in just below 12 euro. Goose seems similar as well, not a massive price increase at least not compared to turkey.