Why food bills aren’t shrinking – five things to know

5 comments
  1. >It’s often claimed that retailers are swift to put up prices, but drag their feet on passing on savings when they could be coming down.

    >However, contracts for goods and services are often agreed many months in advance, which means some producers and retailers will have fixed prices at the very high rates seen last year and they could be tied in to those for months yet.

    Right, that explains one side of the equation

  2. Profits up at the same time inflation is up.

    It’s not taking a genius to see that capitalism is working without a hitch for those with the capital.

    Nothing is coming down anytime soon!

  3. I can answer that ; because it will make supermakets and suppliers record profit and they want a piece of the profit cake too.

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