Maybe I’m a bit thick but…..?

Maybe it’s worked out as an average

The prices at the supermarkets contribute to the rate of inflation - it is not something that is set by the government.

So if the price of other items rise at 25%, the rate of inflation will go up, and if prices go down it will fall (not just food, but costs in general).

They can offer goods for whatever they think the customer will pay, I suppose. ?‍♀️ If no one bought them, they’d either stop selling those items or reduce the price.

I’m restocking my entire kitchen after a house move and living in temporary accommodation and the way prices have risen has come as a bit of a shock to me!

Inflation doesn't control prices, it is a consequence of prices. The headline inflation figure depends on a basket of goods, not on any one item whether your cat likes it or not.

I have accompanied MrP doing the weekly shop this morning, I don't always go with him but we were very low on store cupboard essentials - spices, herbs, etc. and the lost was rather long - I noticed prices had rocketed in just a few months too.

This www.ons.gov.uk/economy/inflationandpriceindices/articles/ukconsumerpriceinflationbasketofgoodsandservices/2022
explains what is included in the RPI and what proportion they are of the index. It is rather a formidable document, but if ypu scroll down there is a table that lists all the sectors and other information.

M0nica

This www.ons.gov.uk/economy/inflationandpriceindices/articles/ukconsumerpriceinflationbasketofgoodsandservices/2022
explains what is included in the RPI and what proportion they are of the index. It is rather a formidable document, but if ypu scroll down there is a table that lists all the sectors and other information.

Thank you Monica ?

Doodledog

The prices at the supermarkets contribute to the rate of inflation - it is not something that is set by the government.

So if the price of other items rise at 25%, the rate of inflation will go up, and if prices go down it will fall (not just food, but costs in general).

Thank you for that insight doodlebug ?

Just come back from Tescos and the pack of 9 loo rolls that was £3.95 three weeks ago is now £6.20!!!! How can they justify this!!

SueLindsey

Just come back from Tescos and the pack of 9 loo rolls that was £3.95 three weeks ago is now £6.20!!!! How can they justify this!!

I think it’s outright profiteering! ?

My own brand cat food has gone up in the last eighteen months or so from around £5.50 for a pallet of twelve to £4.20 for six. Presumably they’ve stopped selling it in twelves to draw attention away from the price hike. Bit steep I think. Good job they’re loved.

Horrendous increases and I’m finding Kit Kats are smaller in length and other packaged dry foods?

Bea65

Horrendous increases and I’m finding Kit Kats are smaller in length and other packaged dry foods?

This is what is so bad, as well as increasing the price ridiculously they are also making the items smaller and I’m sure they will start using inferior ingredients as well…?‍♀️

I don’t believe companies are profiteering. Their overheads have rocketed and they can’t absorb it all, it has to be passed on.

Only one example but an essential for a lot of people - I was shocked to see a one litre carton of Semi skimmed long life milk has gone up to 75p in Aldi from 50p only a couple of months ago.
I always keep a couple in case I run out of fresh milk.

SueLindsey

Just come back from Tescos and the pack of 9 loo rolls that was £3.95 three weeks ago is now £6.20!!!! How can they justify this!!

Perhaps they were on offer, or a ‘Clubcard’ price?

Oh no - not KitKats! My decorator survives on a cup of tea and a KitKat every 45 minutes - I’ll have to factor that in to his charges. ?

Maybe if we all consumed 10% less food we’d lose weight and supermarket shop would be 10% less. That’s what I’m aiming to do as my new diet regime

Its not just about the UK rate of inflation. Products are not the produce of just one country using your example of a tin of sardines..the 50p charge covers fishing, the metal to produce the tin, paint, plastic, transportation, wages, electricity, gas, wages etc etc all of which have gone up. All production costs are passed onto the consumer.

Germanshepherdsmum

I don’t believe companies are profiteering. Their overheads have rocketed and they can’t absorb it all, it has to be passed on.

I agree.

Yep, everything has gone up, the prices greater and the volume smaller!!

I like to eat jakemans honey and lemon boiled sweets I like to eat one when I’m leaving home started when had a sore throat so I thought apparently it’s medication I take now I like one to eat when I head outside to shops etc don’t ask me why lol bought some 2 weeks ago always being 49p a pack went into Tesco’s yesterday changed pack and asking 1.80 ? I said to women that is taking the pee I didn’t buy any. I’m off to home bargain to see if they put them up and better stock up on cold stuff before winter hits us. And don’t get me started on milk prices I’d be cheaper buying a cow ? lol. Morrisons seem to be cheapest at min

One of the reasons that milk prices have gone up is that cows have had to be fed on their winter feed because the hot, dry weather dried up the grass. And of course energy is used, and fuel to transport…

Germanshepherdsmum

I don’t believe companies are profiteering. Their overheads have rocketed and they can’t absorb it all, it has to be passed on.

I just think the supermarkets could take a greater hit instead of passing so much on to consumers