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submitted 8 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Key Points

  • As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
  • Yet some industry watchers predict deflation for food at home later this year.
  • Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
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[-] BlackCoffee@lemmy.world 4 points 8 months ago* (last edited 8 months ago)

It is "insane" over here in the Netherlands also;

  • MC donalds "standard" menu; +-/ 15 Euros (used to be around 8-10 euros)
  • Dominos Pizza medium "special"; 15+ Euros (used to be around 10 euros for the same pizza)

It's already close to a price hike of 50+ percent.

Went out to dinner with a few friends to a Korean BBQ place; 40 euros for all you can eat per person. It was nice but the amount of food that one should eat to get to the 40 euro treshhold is insane. I think I ate for a maximum of 15 euros of food.

Other places also aggressively jacked up their prices for the exact same menu and quality (or lack of). I just cannot be arsed anymore to eat out.

The new fastfood prices are getting closer to the restaurant prices pre inflation. I don't see any incentive to actually pay those prices for the lack of quality of the food.

I also see that the same fastfood chains 'quietly' implemented shrinkflation in regards of toppings or portion sizes so one gets screwed over double.

I liked to get some fastfood once or twice every 2 weeks, but I just cannot be bothered anymore.

the kicker is that for that 15 euros worth of fastfood I can get close to a weeks of selfcooked dinner.

I already see some grocery stores actually lowering the prices of certain items and aggressively put items on huge discounts.

this post was submitted on 26 Feb 2024
353 points (96.8% liked)

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