Grocery prices are headed higher later this year, according to the U.S.’s largest supermarket by sales.
Cincinnati-based Kroger Co., which had $132 billion in sales last year, says inflation is running hotter than management previously anticipated and that expectations are now for prices to rise 2% to 3% over the second half of this year.
I just waltz my ass past the meat coolers and look at the increasingly empty shelves.
ReplyDeleteMust be that "temporary, fleeting" inflation gropey Joe told us about... .
ReplyDeleteI have a p/t job at kroger just to get the discount. you can see the prices creeping up, sizes/weights going down at same time. produce is lower quality and some decrease in variety.
ReplyDeleteDang, those high meat prices has caused a serious scarcity of Tofu too.
ReplyDeletewarns? I guess Kroger has shopped at there own store in the last 5 years. Same size containers but 3/4 filled but the same or higher sale price. Meat has rising since China and Tyson brought out the bacon/pig and chicken production.
ReplyDeleteWe're getting a half a beef on Wednesday. I saw this coming 6 months ago. The question is, is there enough space in our deep freezer?
ReplyDeleteNot only has the cost of groceries gone up, everything else is gone skyward or become unavailable. Lumber, although recently coming down a tad, but still way high, look at steel, last year $599, this year $1955, a 306 % increase. Steel suppliers say if you can buy it now buy it, if its even available, otherwise plan on at least a 6 month wait.
ReplyDeleteI don't care what lies they spill from their soup coolers, it's f-ing lies. During Trumps tenure, every week I had a few bucks left over. Now I wonder if I can put $5 or $10 in the tank to get by another week, and I got absolutely nothing left over but a few coins.
Why lumber??? The recovery rate for millable lumber from forest fires is 90% all that timber burnt in Ca.,Or.,Wa., was being hauled to the mill by Sierra Pacific so fast that the joke is that it was still on fire. No, We are looking at pure market manipulation when it comes to lumber.
DeleteLumber is all getting sent to , you guessed it China !
DeleteMeat prices are unreal around here. My son likes beef jerky-take out a fucking loan!
ReplyDeleteOn the other hand, I've lost ten pounds by eating smaller portions and cutting out expensive and fattening snacks, and eating fruit instead. My knees thank me. Glass half full I suppose.
Steer, chickens and goats....
ReplyDeleteMarket prices for 600 pound steers have remained the same over the last 18 months, even though it's more expensive for cattle producers to sell cattle because of cattle vaccinations required by the auction yards. So y'all can guess who is getting that extra 14%. And it ain't the folks that grow your beef.
ReplyDeletethanka for the info Elmo. I had that suspicion (crop farming here) but hadnt heard firsthand.
Deletenow if only someone could explain why there is a shortage of coins...
the other jack
Winner winner chickem dinner!!!!!
DeleteThe only thing I buy at Kroger is the magic liquid located in it's own special little room. Ohio Guy
ReplyDeleteHere in Fredericksburg Texas, I am a fan of orange Poweraid. It was .68 cents, then over night went to .78, then .88 overnight.
ReplyDeleteCoins. It cost more to make them than they are worth. Plus the Fed and globalist want total control so they want digital money. Search CBDC.
ReplyDelete