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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Now that the supply chain is not as strained as it was 6 months ago, why aren't the food prices coming down? A pack of mushrooms $5.99, cucumber $2.99 each, a pack of strawberries $6 and so on. Who regulates the prices and how does this whole thing work? [/quote] If you’re still buying at the higher price, why would the store sell them for less?[/quote] Pretty much this. Grocery stores and other distributors realized that consumers are simply blaming “inflation” and still buying so they will keep inching prices up until consumers stop. They also have greatly benefitted from new consumer spending habits that developed during the pandemic. 1. Stocking more food than you need or normally had on hand before the pandemic. Chances are if you added a deep freezer, second refrigerator or turned a closet into an extra pantry during COVID lockdown, you are still keeping those areas at least 75% full. 2. Spending a higher portion of your budget on food. 3. Not shopping around. This is a big one. To reduce COVID exposure, people stopped going to multiple stores to get products for less. This still hasn’t come back and some stores like Safeway are crazy deceptive about their sales. They’ll raise the price by $3 the prior week and offer it on sale for $2 the next week. Consumer thinks they are saving $2 not paying an extra $1. The best way to bring prices down is to be only as much as you need, and shop around carefully.[/quote] One big change I made post-Covid was to stop buying takeout. So my grocery bills are just going to be higher. Yes, the individual item I'm paying for also costs more, but I also learned how to cook during Covid so I buy more "from scratch" items than prepared foods -- so overall, my food bills are actually less than they would be if I had stuck with my pre-Covid habits.[/quote]
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