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Online mystery-ak

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Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef alread
« on: September 13, 2021, 01:42:56 am »
Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef already up 14% and pork 12% since last December

    Grocery prices are headed higher later this year, according to Kroger, the largest supermarket by sales in the U.S.
    While inflation is running hot, management is anticipating prices of its groceries to rise 2 percent to 3 percent over the second half of this year
    Within the consumer price index, the component for food at home has risen five months in a row and is up 2.6 percent this year
    Beef prices have risen 14 percent this year while pork prices have jumped 12.1 percent, and poultry prices are higher by 6.6 percent compared to 2020
    The fresh fruits category has had the largest relative price increase (4.9 percent) and the fresh vegetables category the smallest (0.4 percent) compared to 2020
    The Biden administration said that increased demand and supply-chain issues are not the only reasons for inflation as he points the finger at meat processors

By Alastair Talbot For Dailymail.Com

Published: 16:46 EDT, 12 September 2021 | Updated: 21:01 EDT, 12 September 2021

Grocery prices will rise by another three percent before the end of the year, according to one of America's biggest supermarkets.

Cincinnati-based Kroger generated $132 billion in sales last year, but the company said inflation is running longer than management previously anticipated, altering their expectations for prices.

Bosses now say they predict prices will rise 2 to 3 percent over the second half of this year.

more
https://www.dailymail.co.uk/news/article-9982927/Grocery-prices-expected-rise-3-end-year-Kroger-warns.html
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Offline Wingnut

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Re: Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef al
« Reply #1 on: September 13, 2021, 02:04:24 am »
Just a push for people to buy plant based meat products.  It is all part of the plan befor we get soylent green.
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Offline Smokin Joe

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Re: Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef al
« Reply #2 on: September 13, 2021, 06:42:58 am »
Quote from: Wingnut on September 13, 2021, 02:04:24 am
Just a push for people to buy plant based meat products.  It is all part of the plan befor we get soylent green.
Most meat people consume IS plant based.

The critters eat plants, and turn them into meat. :shrug:

Soyburgers are not meat.
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Re: Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef al
« Reply #3 on: September 13, 2021, 10:54:15 am »
Quote from: Smokin Joe on September 13, 2021, 06:42:58 am
Most meat people consume IS plant based.

The critters eat plants, and turn them into meat. :shrug:

Soyburgers are not meat.

I had a coupon for a free sample of one at the supermarket. It wasn’t bad, but it had almost no taste. I did have to put a lot of condiments on it though. And cheese!


What gets me is the fact that almond milk is cheaper than cows milk.
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Offline mountaineer

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Re: Grocery prices could rise another 3% before the end of year, Kroger warns – with cost of beef al
« Reply #4 on: September 25, 2021, 02:18:43 pm »
I've cut way back on beef purchases in the past couple of months. Thanks, Joe.
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