Basics like eggs, bread, milk, cheese etc. are going up fast.
The supermarkets are very competitive though and heading for total automation (checkout).
The wife returned from the grocery store yesterday saying that in less than the last month prices on just about everything have gone up. Usually it is either 50 cents or a dollar. Quantities are also getting steadily smaller.
For example, the latest rise in feeder cattle price is less than 40 cents in the last year or so. Translating that to butchered price at 41% cut yield is just less than a dollar increase in prices. This latest increase in feeder prices has not yet made its way to the grocery store. It will. Cattle numbers are at a low since 1962. Unless we eat a lot of something else prices will go up more.
Feed lot cattle prices. The cattle frenzy of 2014 died down a bit in ‘16 only to take off again in ‘21:
https://www.investing.com/commodities/feed-cattle
FRED ground beef price history through January. Since 2010 selling beef has been a very good business to be in:
https://fred.stlouisfed.org/series/APU0200703112
Here is an interesting tabulation I’ve not seen before:
https://www.ams.usda.gov/mnreports/lsmngfbeef.pdf
Bidenflation is killing us. Coupled with the bideneconomy bashing the markets it is burying us.
Add to the soaring cost of groceries the skyrocketing cost of energy. The average household in the UK will be struggling not only to put food on the table, but keep from freezing.
Ever since the end of WW2 the English have been rationing.
Socialism caused this.