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re: Grocery inflation
Posted on 4/5/24 at 4:29 pm to Zach
Posted on 4/5/24 at 4:29 pm to Zach
There is another "hidden inflation" in groceries as well.
With the hyperinflation on grocery prices, the demand for "generic store brand" cleans out the shelves every week.
If your budget was based on a reliable supply of "generic store brand" items, you are now forced to buy named brands because on the wrong day or wrong time... the generic brand shelves have been wiped clean.
And a 40% grocery inflation pushes closer to 60-80%.
With the hyperinflation on grocery prices, the demand for "generic store brand" cleans out the shelves every week.
If your budget was based on a reliable supply of "generic store brand" items, you are now forced to buy named brands because on the wrong day or wrong time... the generic brand shelves have been wiped clean.
And a 40% grocery inflation pushes closer to 60-80%.
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