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In reply to the discussion: Name something that's going well right now [View all]ck4829
(37,583 posts)23. Right? And how about shrinkflation, where we're paying the same or more (because of inflation) but getting less?
Rising grocery prices could lead to shrinkflation, food industry analyst says
"We got 50% tariffs on coffee from Brazil, and we import about 35% of our coffee beans, unroasted, from Brazil," Lempert said. "... Yes, coffee's going to get more expensive."
He also says the U.S. should brace for shrinkflation when food and product manufacturers keep prices the same, but reduce the size of items, meaning consumers are ultimately paying more for the same amount.
A September 2024 analysis from Lending Tree found that about one-third of approximately 100 common consumer products had shrunk in size or servings since the start of the pandemic.
As an example, Lempert showed CBS News coffee bean packets in one grocery store in Santa Monica, California, that used to be sold in 16-ounce sizes, but are now 10.5 ounces.
https://www.aol.com/articles/rising-grocery-prices-could-lead-235754981.html
"We got 50% tariffs on coffee from Brazil, and we import about 35% of our coffee beans, unroasted, from Brazil," Lempert said. "... Yes, coffee's going to get more expensive."
He also says the U.S. should brace for shrinkflation when food and product manufacturers keep prices the same, but reduce the size of items, meaning consumers are ultimately paying more for the same amount.
A September 2024 analysis from Lending Tree found that about one-third of approximately 100 common consumer products had shrunk in size or servings since the start of the pandemic.
As an example, Lempert showed CBS News coffee bean packets in one grocery store in Santa Monica, California, that used to be sold in 16-ounce sizes, but are now 10.5 ounces.
https://www.aol.com/articles/rising-grocery-prices-could-lead-235754981.html
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And if your job is pushing people's stuff out of their homes after eviction or foreclosure, you're probably doing well
ck4829
Monday
#16
This is a thread titled "Name something that's going well right now". Things are going well for them, yes?
ck4829
Monday
#20
Right? And how about shrinkflation, where we're paying the same or more (because of inflation) but getting less?
ck4829
Monday
#23
So CNBC is giving us true numbers and our eyes and bank accounts are giving us fake numbers?
ck4829
Monday
#30
Come on now. Remember: if the govt and media are saying one thing, and your gut, senses, intuition are saying another
ck4829
Monday
#42
Is it really universally great the Dow is up though? I do try to buy stock even though I struggle more now
ck4829
Monday
#45
Were you expecting something different? We have a Republican trifecta, so yes, things are gonna become absolute garbage
ck4829
Monday
#7
If your job is pushing stuff out of homes after evictions or if you repo cars, you're probably doing well right now
ck4829
Monday
#19