The cost of food is down, but grocery bills are still up. Here's why | CNN Business

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Why aren't prices falling at the grocery store? Ingredient prices have actually been on a downswing for months, and people are still paying more for food.

Why aren’t prices falling at the grocery store? When food producers started raising prices a few years ago, they blamed their own costs, including higher ingredient prices. But ingredient prices have actually been on a downswing for months, and individuals are still paying more for food. In part, it’s because food producers have other expenses that remain pricey, like labor and transportation, compared to a few years ago.

A few years ago, food makers “started increasing their prices very rapidly, because in addition to the headline news — which [meant] consumers weren’t going to complain — everybody was raising their prices,” said Dubé. “And it took a while for the consumer to understand that prices have gone up.

 

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Because Biden sucks. Duh.

Because yall supposedly voted for Pedo Joe

Prices didn’t go up as much as the costs did. Manufacturers are still recovering . margins and promotions are just becoming possible again.

Absolute bullshit. This is simple corporate greed. Why would they lower prices if they can blame inflation

Corporate greed. Time to tax the fuck out of companies that are taking advantage of the US middle class

Cause they are going up. Hanks joe Biden

Transportation.

Why would they lower prices when they could make record profits? What are people gonna do not buy groceries?

Can the article explain why they have all time record profits? This seems odd with all these high or extra expenses they have! Miraculously they have record profits. We are being lied to and used by corporations for greed.....

This is probably credible story because CNN is known for credibility. 🙃

Corporate Greed

Greed

I’ll take corporate greed for $500.

Because Biden is still president 🤣🤡

CorporateGreed PriceGouging

Stop buying shity chemical cheap lass produce food from big stores. Buy way less, eat a lot less, choose only very high quality products, local products, organic products, farm products, cook by yourself, homemade food from fresh ingredients. You will live longer! Prices fall.

It cuts into there profits....

Because your king is president

Because, they want to keep the CEO in Gold Rolex watches.

In Africa, prices increased when the second lock down was ending to date! you can imagine what's happening to a jobless person(22&above)

Trumps fault

Because we fucking printed an enormous amount of money during the pandemic. But let’s blame billionaires (don’t name the ones that you are doing business with), climate change, and white supremacy

Tax the rich Corporations that expense will be going to the customer Media why are things not cheaper this is outrageous

Corporate greed.

The same reason Banks say 'Those people have way too much extra money, lets raise Interest rates to steal their money so they can buy less while we get rich'

Because the cost of Living had gone up and not the Living Wage.

Look at their profit margins

Because of Trump

Didn’t the GOP run on a plan to deal with inflation? What have they done so far?

Because of LyinBiden and the DemonRats

It doesn’t matter what the production cost is. It’s what people are liking to pay.

Cuz the writers are lying worse than the politicians. Too bad the kids care.

Groceries have become crazy expensive its ridiculous

Prices need to fall at the grocery store. Everything costs way too much.

Gouging. Greedy. That’s why.

Well, corporate profits are in a massive all-time high right now as well, so you can probably figure that out.

Welcome to the new norm

Thanks for reminding me

Biden

President Joe Biden is now president of Ukraine

It might have something to do with the government printing a few trillion dollars over the last two years. 🤔

Why aren't prices falling at the grocery store? Because greedy CEOs value corporate earnings more than customers.

The Question is better suited for Trump & GOP. Look's like Dems are flaunting Totalitarian regimes. Who said socialist?

Biden Inflation

Because of ur liberal propaganda

The government has to go after super markets for price gauging . Send the DOJ out there to do that

Labor & transportation costs are keeping grocery prices high. Got it. So who's responsible for hiking minimum wage, convincing people to stay home & killing our domestic fuel supply? Those are the people I want to talk to.

Bidenflation

The part that got me is that people are willing to pay higher prices. Like no shit people got to eat right? Like the whole system is fucked while corporations can charge whatever and bring in record profits while poor and working class people struggle.

What inducements do big chains have to reduce prices? Obviously we'll pay it because we have to eat. Costs are up, theft is up. Gas started to come down a few cents but went back up. Competition is down with Wal-Marts and other store chains closing locations.

Bidenomics

Bad government.

You know!! Biden!!

Corporate greed?

Why? Two words: fuck11ng Corporation$

cOrPoRaTe GrEeD! Trust me, it’s not us.

Corporations raise the prices until we determine their crap isn’t worth that price anymore and we stop buying. Warehouses fill up, prices drop.

Because of Biden!

Biden

It’s called inflation. You and your president can lie and screw the infliction and Economy numbers all you want, but it’s all a mask to hide what’s real. This is what’s real. Inflation is real. Higher prices are real. Continue to lie tho

Greed

Government...

Buy from local growers! Seek them out! They are there, farmers markets sell all kinds of food grown locally. Buying from a major grocery chain is not helping bring prices down

It's hard to say why prices aren't falling at the grocery store. It could be due to a number of factors, including the cost of transportation, the cost of labor, or the cost of raw materials.

Have you seen the cost of diesel? There is your answer.

Grocery process are way down in center ny. bought 36 eggs for $7 today

Because once the prices can go up, they never come down (unless people stop buying them, and with food... they mostly don't.)

Biden is still on wh

What is really happening

Probably because they can get away with it

Corporate greed?

Companies are greedy and are keeping prices up to earn huge profits.

Bidenflation

Just say billionaires and be done with it

Higher prices are here to stay bc we are living in JoeBidensAmerica. He overspent.

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