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Reply to "Suddenly Noticing High Retail Prices everywhere "
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[quote=Anonymous][quote=Anonymous]Prices for me went way up during the pandemic because a large part of my budget is food. [b]Recently my food prices have been stable[/b] but I have noticed huge increases in cheap consumer crap from China such as my kids clothes. Which personally I don’t mind increasing costs of discretionary cheap plastic crap from China. We would all be better off buying less of it. What I need are prices of essentials to stay stable. Food, fuel, energy, insurance, and healthcare. [/quote] How is this remotely possible, unless you are eating canned goods from Aldi only. Poultry, beef, pork, avocadoes, and cereal all up. Maybe you are not noticing the package shrinkage in food products, but the price remained the same. That's an increase in cost because you are getting less for the same price. Consumer staples such as toothpaste, deodorant, etc have increased in prices. Both Walmart and Proctor and Gamble stated last week that they were increasing their prices. [/quote]
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