Of course. Inflation being lower does not mean the prices get lower. It just means rate that price rises will slow. They will still rise but more slowly. Think of it like acceleration. It is like the difference between how it feels to go from 25 mph to 50 mph over a mile compared with going from 50 mph to 55 mph over a mile. You are still accelerating but you don’t notice the difference as much. Prices overall are similar but hitting the brakes and going down in prices hurts a hell of a lot more than simply slowing how much prices rise.
Yes, but in this case, they should. The food industry ran into supply chain constraints which legitimately increased prices at a rate higher than inflation. The greed is present now that they’ve stabilized the supply chain and continue to charge the same prices, padding their margin.
Yes and no. They did have some supply chain issues but those subsided quite a while ago yet they kept the rate of price increases up padding their margins because people expected inflation (aka price gouging). Right now though food prices are rising below the rate of general inflation. That said, I could certainly see prices dropping a bit since they did rise way above inflation for a while. That likely made the industry much more attractive to enter which likely means people having to sell off their shit after price increases returned to normal.
That would require fair market representation in grocery stores. Most of the time, small brands don’t last long in the market before being bought out by one of the big 12.
Of course. Inflation being lower does not mean the prices get lower. It just means rate that price rises will slow. They will still rise but more slowly. Think of it like acceleration. It is like the difference between how it feels to go from 25 mph to 50 mph over a mile compared with going from 50 mph to 55 mph over a mile. You are still accelerating but you don’t notice the difference as much. Prices overall are similar but hitting the brakes and going down in prices hurts a hell of a lot more than simply slowing how much prices rise.
Yes, but in this case, they should. The food industry ran into supply chain constraints which legitimately increased prices at a rate higher than inflation. The greed is present now that they’ve stabilized the supply chain and continue to charge the same prices, padding their margin.
Yes and no. They did have some supply chain issues but those subsided quite a while ago yet they kept the rate of price increases up padding their margins because people expected inflation (aka price gouging). Right now though food prices are rising below the rate of general inflation. That said, I could certainly see prices dropping a bit since they did rise way above inflation for a while. That likely made the industry much more attractive to enter which likely means people having to sell off their shit after price increases returned to normal.
That would require fair market representation in grocery stores. Most of the time, small brands don’t last long in the market before being bought out by one of the big 12.
https://eatamericano.com/blogs/thoughts-from-the-peanut-gallery/10-food-companies-own-almost-every-grocery-store-item-you-buy