What’s happened to supermarket prices today?

[Happydoingitjusttheonce]

Went to Tesco and coop today and there’s a noticeable increase in prices on almost everything. What’s happened, or is it just my perception?

Brexit, and it hasn't even really happened yet.

How can brexit be the reason why even uk produced foods (with no import costs) are going up at the same rate? e.g. Rachel's organic butter now £2.00 in Waitrose, it was £1.60 just a few months ago.

Fuel costs, electricity, imported components.

Snowballs your shopping basket sounds like mine - teenage boys here too!!

I noticed the Lidl Takeaway style pizza were £1.45 today..I’m sure they were under a £1 last time I bought them.

Asda prices don’t seem noticeably more expensive though.

Petrol definitely is going up.

It is all down to the thickos who boted brexit without thinking of both short and long trtm consequences. Short term uncertainty (weakening of pound so imports more expensive) and long term (end of free trade deals so goods more expensive. We are all doomed

What’s happened, or is it just my perception?

Well on the 23rd of June 2016 there was this trifling referendum thingy...

Block butter has really gotten pricy - I remember not that long ago paying £1. Would happily invoice my prominent Brexit campaigning neighbours for the difference

There is also increased consumer demand from China.

I was wincing around my way around the supermarket this evening (rock n roll lifestyle, shopping on a Saturday evening). We'll cope, although we'll have to tighten our belts. But I feel really, really sorry for the people living on the breadline whose lives are about to become that much harder.

We were told this would happen if we voted for Brexit. No surprises here.

Teatime, I agree with the european farm workers deserting us. If farmers don't have cheap labour from abroad, then they'll have to pay more to entice Uk citizens to do the job, which will push up costs? And I suppose supermarkets will pay farmers less as their costs go up due to the exchange rate..

There is a shortage of butter in France because so much is being exported to China.

Brexit
Exchange rate as result of Brexit
Mismanagement of dairy production resulting in butter shortages - this is not just in the UK
Oil prices
Poor harvests in the last year pushing up commodity costs

Lots of factors. but without the Brexit vote it would definitely be less bad than it is.

Brexit. We import such a huge proportion of our food in the UK.

Dairy price hikes are also down to the milk price wars, the price of milk dropped so low that any dairy farmer who wasn't protected by a supermarket contract went out of business.

Unfortunately it was these ones who largely produced for cheese/cream and therefore butter... So there is a premium now on the suppliers who managed to survive. Added to this there was a poor harvest last year for animal feed which pushes the price up too.

I also heard that butter prices have been pushed up by a new trend for Danish pastries in a China!

I can understand imported stuff being more expensive but the price of British products like butter have almost doubled. Why? The raw ingredient milk has stayed the same. Other dairy products like cheese and yogurt don’t seem to have risen at the same rate. The cost of giant bars of chocolate and junk food is still pretty low with lots of special offers in this area.

The butter increase isn't due to brexit. Well it is sort of.

It's to do with the fact that butter is healthy again. Compared to the trans fats in margerine. So everyone wants butter again.

But the problem is that a lot of UK dairy farmers couldn't cope with the price of competing with cheaper EU dairies and the big supermarkets wanting milk for less than it cost to produce. So the UK dairy farmers went out of business. Either diversified or shut up shop.

So because butter is a dairy product and we have less UK dairy farmers AND demand has gone up while supply has gone down our butter prices have increased.

So it's a lot more complicated than blaming brexit. If we hadn't been importing so much milk at such a low price from the EU we would have more dairy farmers in the UK to cope with the increase in demand and we wouldn't be noticing the price differences on food stuffs we can produce here.

Cheap food comes at a price and unfortunately we will be paying the price now the £ is worth less.

Chardonnays I agree that Brexit is having an impact, but just thought there might also be other factors at play such as weather causing crop failures? or increasing population causing more demand for food than supply can keep up with? I do think 'uncertainty' is a major issue, no one really knows what will happen post-brexit. scary

I really don’t know how people on benefits manage to do a weekly shop and make it healthy too. If I get the weekly shopping for £100 I feel pleased with myself, I’m sure last year I would do the shopping for £80.

my spread is the same price it's been for ages and diesel £1.06

Scandinavia had its own butter crisis a while back:

satwcomic.com/too-little-butter

suzy2b
Where do you buy your fuel?! The supermarket diesel here was £1.23 today and Shell was £1.28.

I've just paid £1.60 for butter.
Thinner spreading this week me thinks

My Nan used to spread thin on toast and only butter one slice of bread in a sandwich!

Our shopping ranges from £65 to £90 a week depending on what we buy but I can't say I've noticed an increase that's had a massive impact on what we buy? When a thread similar to this was started a couple of months ago, a poster said the butter she was buying was increasing at the rate of 10p a week, ours seems to be at the £1.20 mark and has for ages.

Well food might cost a sodding fortune and the pound is worth fuck all but at least we have our sovereignty back, whatever the fuck that means. Oh and all those nasty foreigners have all trotted off home meaning that there is full employment in dreadful jobs and no one is on benefits anymore.

Oh, wait........

Interesting about the butter shortages. Our local Aldi has sold out of butter for the last 3 weeks. I think everyone has caught on to it's "Norpak" brand which we think is preferable to all the others except Lurpak.

We are up to £140 a week now, going to have to stop the teenagers from sports at this rate. Rowing, rugby and competitive cycling isn't cheap to fuel.

I can understand imported stuff being more expensive but the price of British products like butter have almost doubled. Why?

If the company that owns the product is a multinational based abroad they have to compensate for the losses the incured due to the exchange rate. UK profits converted to $ or € will be x% down compared to pre-referendum.

Financial Times
Food prices rise at fasted rate in four years

Check out lady in Sainsbury's pointed out that everything on the receipt now ended with a 0 or a 5. No end in pennies like £1.62, it would now be £1.65.

It’s the unstable pound because of uncertainty around Brexit. It will get worse, I am sure.