Food Inflation
Food Inflation
I have just been to my local Sainbury's. As I was mooching around - as I like to do - I noticed a four pack of Princess tuna chunks in brine has gone up from £6.25 last week to £7.65 this week!
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Ian
Re: Food Inflation
Four tins of Princes tuna chunks in brine £4.00 special offer in Tesco.
That is what they do, one shop has a special offer very cheap, the others put the price up as they are not going to sell many anyway, then when the offer is over they can reduce the price to the original and claim a price reduction. The supermarkets claim there is no cartel but I truly wonder. Often these things are steered by the supplier i.e. Princes in this case.
Give it a week or two and Sainsbury's will be down to £6.75 claiming a 10% reduction.
You can, as a prepper, take advantage by buying a flat or two at £4 and laughing at them having saved £8.25 - £22. (But you need the £12 or £24 to do so.)
That is what they do, one shop has a special offer very cheap, the others put the price up as they are not going to sell many anyway, then when the offer is over they can reduce the price to the original and claim a price reduction. The supermarkets claim there is no cartel but I truly wonder. Often these things are steered by the supplier i.e. Princes in this case.
Give it a week or two and Sainsbury's will be down to £6.75 claiming a 10% reduction.
You can, as a prepper, take advantage by buying a flat or two at £4 and laughing at them having saved £8.25 - £22. (But you need the £12 or £24 to do so.)
Re: Food Inflation
I don't eat Princes tuna personally - I was using this particular product as an example of the ever-increasing price of food. I will certainly keep an eye on the price to see what the next few weeks bring.
Re: Food Inflation
A product has to be on sale for 28 days prior to a discount -that's the law.IanM wrote:Four tins of Princes tuna chunks in brine £4.00 special offer in Tesco.
That is what they do, one shop has a special offer very cheap, the others put the price up as they are not going to sell many anyway, then when the offer is over they can reduce the price to the original and claim a price reduction. The supermarkets claim there is no cartel but I truly wonder. Often these things are steered by the supplier i.e. Princes in this case.
Give it a week or two and Sainsbury's will be down to £6.75 claiming a 10% reduction.
You can, as a prepper, take advantage by buying a flat or two at £4 and laughing at them having saved £8.25 - £22. (But you need the £12 or £24 to do so.)
In three words I can sum up everything I have learned about life: It goes on.
Robert Frost.
Covid 19: After that level of weirdness ,any situation is certainly possible.
Me.
Robert Frost.
Covid 19: After that level of weirdness ,any situation is certainly possible.
Me.
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Ian
Re: Food Inflation
If you make a comparison to another price unless you declare the period when the price was higher e.g 'higher price applied from 1 June - 15 June 2011' or just drop the price without mentioning a comparison e.g. 'New price £6.75'
http://www.bis.gov.uk/files/file8127.pdf
http://www.bis.gov.uk/files/file8127.pdf
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Carrot Cruncher
Re: Food Inflation
Nothing to do with food but as an example of how they work things,
About a month ago B&Q had a piece of garden furniture in their store that MrsCC liked and the cost was exactly £100. The following week they were advertising 20% off everything so we popped down there again to pick it up for hopefully £80. It was now marked up as costing £120.....but you could get 20% off
Went down there again the following week when the 20% discount was finished and unsuprisingly it was now priced at £100 again
We didn't buy it
About a month ago B&Q had a piece of garden furniture in their store that MrsCC liked and the cost was exactly £100. The following week they were advertising 20% off everything so we popped down there again to pick it up for hopefully £80. It was now marked up as costing £120.....but you could get 20% off
Went down there again the following week when the 20% discount was finished and unsuprisingly it was now priced at £100 again
We didn't buy it
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Bladerunner
Re: Food Inflation
I bought some Princes tuna a few months back, £3 for 8 tins all wrapped together, I think it was ASDA. I bought a ton of the stuff.
A bit of mayonaisse and some vinegar and you have the perfect butty. And it has a long shelf life.
I was talking to a lady at a party 2 weeks ago and her husband worked for some canning company. She said they are not allowed to put a use by date of more than 3 years on virtually everything although they know it is good for at least 7 years and some things a lot longer.
Be Lucky
A bit of mayonaisse and some vinegar and you have the perfect butty. And it has a long shelf life.
I was talking to a lady at a party 2 weeks ago and her husband worked for some canning company. She said they are not allowed to put a use by date of more than 3 years on virtually everything although they know it is good for at least 7 years and some things a lot longer.
Be Lucky