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Shop Price 'Inflation' RISES
Comments
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.....probably makes them feel better
Most of them have in built filters that means they can't read anything that doesn't point to the imminent apocalypse !!!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
You can pick any product you like and prove that prices are shooting up one week or dropping the next.
Here's how it works. The supermarkets (Asda, Tesco, Sainsburys and Morrisons - "The Mults") all peg their prices against each other. The Grocer magazine has a basket of goods it sends mystery shoppers out to buy and that is used to show who is the cheapest mult.
So Asda will drop a penny or two off a basket of items. Tesco follow within a few days. Morrisons and JS walk their own path but peg themselves against the other two. So over a several month period you will find the price of several items dropping by a penny a week. Then they switch the price drop Point of Sale to different SKUs and whack these ones back up.
Frankly though there is NO retail price inflation on food if you shop around. Shoppers are now doing more planned trolley shops and less basket top-ups than they were, and have expanded their repetoire of supermarkets from 2 to 3 (with the hard discounters - Aldi, Lidl and Netto all flying). You go and shop the deals and the single price points and everything you need to buy is less. Not the individual item or the brand, or in the shop you always use. But switch brands or shops and they are dropping. And I speak as someone who monitors pricing in the mults and other retailers weekly as part of my job.0 -
What does MULT stand for..an acronym? I can't work it out. Massive, unloved, leeching...um....trade?0
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What does MULT stand for..an acronym? I can't work it out. Massive, unloved, leeching...um....trade?
Read what I posted!!!!
"The supermarkets (Asda, Tesco, Sainsburys and Morrisons - "The Mults") all peg their prices against each other. The Grocer magazine has a basket of goods it sends mystery shoppers out to buy and that is used to show who is the cheapest mult."
Mult is short for Multiple Grocer, which is the trade term for supermarkets & hypermarkets. Because 3 of the 4 also play in forecourt and convenience formats (ie Sainsburys Local, Tesco Express), "mults" refers to anything carrying their name. You can't call a 5,000 sq foot Tesco Local a "supermarket", but its owned by one. Hence "Mult"0 -
Aaaagh..missed that..sorry sir.Rochdale_Pioneers wrote: »Read what I posted!!!!
"The supermarkets (Asda, Tesco, Sainsburys and Morrisons - "The Mults") all peg their prices against each other. The Grocer magazine has a basket of goods it sends mystery shoppers out to buy and that is used to show who is the cheapest mult."
Mult is short for Multiple Grocer, which is the trade term for supermarkets & hypermarkets. Because 3 of the 4 also play in forecourt and convenience formats (ie Sainsburys Local, Tesco Express), "mults" refers to anything carrying their name. You can't call a 5,000 sq foot Tesco Local a "supermarket", but its owned by one. Hence "Mult"
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Would that be the same poster who was telling me recently that his food prices had been going down, contrary to my experience - and the figures.... :rotfl:
Carol we are talking imported electrical goods.:rolleyes: (this post)
Grow up woman stabbed any BTLers' recently.:D
Your experience what about my experience;) i do the shopping each week find the post carol and your sexist remarks.0 -
How much insight you can gain from any of these figures is very debateable due to consecutive governments for want of a better word, 'lying' about the real percentages.
The easiest way is for people just to look around them and rely on their own analytical skills to see where we are in regard 'everyday man on the street inflation'. Why this is hard I'm not sure!
It's usually a hell of a lot more accurate than the civil service and political garbage.0 -
Carol we are talking imported electrical goods.:rolleyes: (this post)
Grow up woman stabbed any BTLers' recently.:D
Your experience what about my experience;) i do the shopping each week find the post carol and your sexist remarks.
So how's the making your own pasta going, Really? It must take you hours - but you disdained my abilities as a housewife because you 'always make all your own food from scratch', unlike, according to you, me.
You're damn right I don't make my own pasta from scratch - I was comparing the price of pasta over recent months, in case anyone's wondering what this is all about - but Really clearly does.
Better go and get cooking Really!
I have no idea how you find the time to post on here at all.... :rotfl::rotfl::rotfl:0 -
So how's the making your own pasta going, Really? It must take you hours - but you disdained my abilities as a housewife because you 'always make all your own food from scratch', unlike, according to you, me.
You're damn right I don't make my own pasta from scratch - I was comparing the price of pasta over recent months, in case anyone's wondering what this is all about - but Really clearly does.
Better go and get cooking Really!(make my own paster that is)
I have no idea how you find the time to post on here at all.... :rotfl::rotfl::rotfl:
Neither do I you mad cow!(make my own pasta that is)
But I buy more than just pasta as well.(I class a shoping basket the whole contents not just a bag of pasta)
Go and find a BTLer to anoye.
Oh Carol.
:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
Why does no one thank you for your rants you know you are wrong.
Hear is the thread Carol let people decided what was said not what you made up.!
UK inflation tipped for big fall
Carol goes off on one from 23 onward.0 -
Thanks for posting the thread. Happy to let anyone with more time on their hands than they ought to have read it for themselves.
You are funny, Really.
Very moody - are you having another of your grumpy days?
Cheer up - or is the snow starting to get on your nerves?
Or go make yourself some pasta to cheer up.
Only joking.
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