Food prices skyrocketing again!

[cookingthebooks]

DH disagrees, says it’s all stabilised out now and slowed down but he’s not actually done the shop in forever.

This month I’ve just been walking around the supermarket aghast. The price hikes that are going on, my favourite bar of ‘cheap’ dark chocolate has gone from 65p pre Christmas to £1.10!!! Fishcakes from £1.80 to £1.95 and the kids mini pizzas from 45p to 65p all pretty much overnight. There’s lots more and fruit/fresh food have all risen too. I’m really struggling to do the full week shop for our family of four for less than £150 a week now (everything included, pull ups, all work/school lunches, cleaning and toiletries)
Some weeks it’s closer to £170 and I’m very frugal I hate it!

tell me this isn’t just me?

They became so popular as a budget alternative to chicken breast that they now cot more. These days I look for chicken breast on offer or just buy a whole chicken and cut it up myself. It's much cheaper and you can use the carcass to make bone broth which is a great base for soups and casseroles and then strip the meat off it to put in a biriyani or paella.

Chocolate has gone up a lot but that is because of cocoa and the weather rather than inflation

Anything with eggs in, as well as eggs themselves, is going to go up in price; a huge egg farm has had to cull 1.5m birds due to avian flu in recent days. Also egg shortages, so brace yourself for that.

@TipsyPlumAnt

if definitely wasn’t an offer I’ve been buying the same bar for years and I pay attention to prices/offers. It was originally 45p then went to 65p in covid fair enough but to jump to £1.10 is insane it’s almost double!

https://tradingeconomics.com/commodity/cocoa

Look at cocoa commodity pricing for the reason behind that one

@TipsyPlumAnt
*more than

Lots of stuff I buy regularly has jumped up after Xmas.

The supermarkets in the UK are some of the most competitive businesses in the world, and operate on razor thin margins. Their profit margins are very small (IIRC 3%), which would be intolerable in many other businesses.

Ultra competitive supermarkets is one reason our food prices are really quite cheap compared to most of the EU.

I saw this on the Asda website the other day erm what?

They have had to do it because of RR’s NI hike. Maybe inform yourself before spouting ideological nonsense.

I don’t understand how saying that supermarkets are after a profit is ideological nonsense?

Tbh I think alot of these price hikes are just profit grubbing from supermarkets.

I’m just bitter because I work for one of them and they treat their store staff like crap and don’t seem to care much about their customers either.

Definitely rising, I spent £175 yesterday (135 in Aldi and 40 in Tesco) this is the most I’ve spent on a weekly shop. Always used to be able to do it for under £100.
I do agree that we had cheap food for a long time but I think the speed it’s increasing by is scary.

Because they want to keep their profits high. Most supermarket workers are entitled to top up benefits because of low wages/short hour contracts, so we're all subsidising Tesco.

A Freddo is now 45p at Sainsburys!

supermarkets are not charities lets face it

You can make your own fish cakes and mini pizza for less. I wouldn't buy ultra processed food really anyway. Lots of great deals from a but hers, fishmongers or greengrocers.

So how do they make the big profits then

That’s what I mean. They literally only care about profit. That’s all we hear about. Work us like dogs and cut hours (and staff) despite record profits year on year. When our wages went up (to about 50p) above the NMW we were told to “work like we deserve that hourly rate” by our area manager

conservatives put NI up to this level

they then cut it because of Liz truss budget. Lots of global economic groups said it should have been dropped but they did anyway.

RR is putting it back up

I have to say hand on heart ours hasn’t gone up noticeably since Christmas.

I’ve always got a lot of own brand stuff, and two out of three of us don’t eat meat.

The stuff I get that’s branded is often stuff that has a function - like dishwasher tablets.

Yes I’m sure shareholder’s dividends didn’t come into it.

I agree with this but it's a bit of a shock now now for sure.

Sainsbury's own microwave rice was 45p last week, this week it's 65p!