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Old 08-18-2010, 12:34 PM
 
Location: Central CT, sometimes NH.
3,748 posts, read 5,583,524 times
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I don't care what any economic experts say. Food inflation is real and has been going on in the supermarkets and in most restaurants all during the latest recession.

Much of the inflation has been concealed as manufacturers have substituted cheaper ingriedients for more expensive ones yet kept the price and appearance of the product the same. This was a big factor recently in chocolate candy as cocoa butter was replaced with oil.

Another insidious move is deceitful package size reductions. Recently upon examining steady increases for regular items at supermarket it became apparent that many producers are now accelerating their use of package size reductions and at the same time instituting 10 to 20% outright price increases.

There is talk of deflationary pricing and has been used as an arguement for lower wages.

In an age of a fixation on illusionary quantitative data some empirical research would be refreshing.
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Old 08-18-2010, 12:43 PM
 
Location: Central CT, sometimes NH.
3,748 posts, read 5,583,524 times
Reputation: 4127
Moderator please delete this duplicate thread.
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