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Attention shoppers: Price hikes are ahead, but consumer companies hope you won’t notice
CNBC ^ | SAT, APR 24 202111:00 AM EDT | Amelia Lucas SHARE Share Article via Facebook Share Article via Twitter Share Article via LinkedIn

Posted on 04/24/2021 3:45:52 PM PDT by BenLurkin

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5-10%

Short term.

1 posted on 04/24/2021 3:45:52 PM PDT by BenLurkin
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To: BenLurkin

Smaller amounts and same price. That’s what I’m seeing right now over the past year. Tillimook ice cream cut about 1 1/2 inch off the top of the container and Cherrios about 2 1/2 ounces off the weight.


2 posted on 04/24/2021 3:50:45 PM PDT by US_MilitaryRules
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To: US_MilitaryRules

bttt


3 posted on 04/24/2021 3:51:08 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: US_MilitaryRules

Yup, noticing similar cuts in a number of products


4 posted on 04/24/2021 3:52:40 PM PDT by wiseprince (Me,)
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To: BenLurkin

They can’t keep doing that. When the hamburger is 2” wide, you’ll know there’s something wrong.


5 posted on 04/24/2021 3:54:45 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: BenLurkin

I’ve already notice gas is up 50+Cents since Bine was installed


6 posted on 04/24/2021 3:55:24 PM PDT by fwdude (Pass up too many hills to die on, and you will eventually fall off the edge of the world.)
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To: BenLurkin

Check lumber prices. We noticed.


7 posted on 04/24/2021 3:55:36 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: fwdude

Fifty cents. Lucky you. A buck around Reno.


8 posted on 04/24/2021 3:56:48 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: BenLurkin

Of course we notice. So sick of these nincompoops thinking we don’t notice.


9 posted on 04/24/2021 3:57:24 PM PDT by dforest (huh?)
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To: BenLurkin

The Federal Reserve has an excellent record of coming up with solutions for a current crisis which inevitably trigger a future crisis.


10 posted on 04/24/2021 3:57:34 PM PDT by Flick Lives (“Today we celebrate the first glorious anniversary of the Information Purification Directives.”)
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To: US_MilitaryRules

That started under Barry the Muslim and never went back, a Half Gallon of Ice Cream has been 60 ounces for a while now


11 posted on 04/24/2021 3:58:10 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: MeneMeneTekelUpharsin

“They can’t keep doing that. When the hamburger is 2” wide, you’ll know there’s something wrong.”

How about toilet paper? Some brands seen like they are down to about 2” plus see through thin.

The day may be coming soon when the petroleum companies switch from gallons at the pump to liters.


12 posted on 04/24/2021 3:59:44 PM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on it.)
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To: BenLurkin
“Consumer companies across the board have gotten very savvy about how to implement price increases without just slapping on five to 10% price increases,” Montag said in an interview.

Some of those methods include using new packaging, selling smaller-size packs for the same price ...

In the not too distant future, candy bars are going to shrink down to a singularity, then wink out of existence.

13 posted on 04/24/2021 4:00:17 PM PDT by Flick Lives (“Today we celebrate the first glorious anniversary of the Information Purification Directives.”)
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To: BenLurkin

Telescopes, lens and gear are up 10 to 15% over 2019 prices. Computer gear as well.


14 posted on 04/24/2021 4:02:44 PM PDT by Starcitizen (So Indian H1B crybaby trash runs Free Republic moderation??? Seems so. )
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To: BenLurkin

Been buying in bulk ever since November. Not so much expecting Armageddon as to beat the price increases.


15 posted on 04/24/2021 4:02:51 PM PDT by Chad C. Mulligan (Deplorably Neanderthal)
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To: US_MilitaryRules

I suppose if they churn (pardon the pun) enough units of ice cream, they may save a bit of money by cutting the size. But the cost of ingredients is generally one of the smallest input costs. Maybe cutting an ounce or two saves them a nickle a unit, give or take. The price of the containers, shipping cartons, plastic pallets, maintenance of filling lines and freezers and freezer trucks, overhead and labor, advertising, weekly discounts etc etc are probably all rising relatively more than the cost of the ingredients in the ice cream.


16 posted on 04/24/2021 4:04:36 PM PDT by monkeyshine (live and let live is dead)
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To: US_MilitaryRules

Most of the ice cream companies have put out the smaller containers. I don’t think they conspire. They all are dealing with the same numbers and are ready to follow the pack.

Side story. 40 years ago, small town, we had 4 gas stations. All the owners had coffee together in one of the restaurants.

Today, one of the gas station owners gets out the binoculars and looks down the street to see what the mega station prices are.


17 posted on 04/24/2021 4:08:37 PM PDT by Cold Heart
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To: monkeyshine

Inflation has been going on for years....you get eight oz of cookies for the price you you used to get sixteen oz....everything no the shelf is like that...


18 posted on 04/24/2021 4:08:48 PM PDT by Hojczyk ( )
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To: Flick Lives

The word of 2021 will be “shrink-flation”.


19 posted on 04/24/2021 4:09:36 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: BenLurkin

I’ve noticed gas has gone way up and food prices will be next..


20 posted on 04/24/2021 4:10:39 PM PDT by tallyhoe
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