The New York Times calls out the sellers of packaged foods for the con game they are playing with consumers. If you are an astute shopper you’ve already noticed what’s going on at the market — companies are putting less and less food in packages, and keeping the prices the same (or raising them).
If you eat, and I think you do, it’s an interesting story on food inflation.
Chips are disappearing from bags, candy from boxes and vegetables from cans.George Boyle | Stockbyte | Getty ImagesAs an expected increase in the cost of raw materials looms for late summer, consumers are beginning to encounter shrinking food packages.With unemployment still high, companies in recent months have tried to camouflage price increases by selling their products in tiny and tinier packages. So far, the changes are most visible at the grocery store, where shoppers are paying the same amount, but getting less.
Source: NY Times via CNBC.
{ 3 comments… read them below or add one }
Where have these people been? This has been going on for at least 30 years! If you happen to shop and cook, you will have noticed the “8 ounce” sized can of anything has held less and less content over the years. Some of them now contain 4.5 ounces of the product along with a lot of water! And some 15 ounce cans now contain 12 ounces, if you just happen to measure the contents, instead of trusting the label and just dumping it in the bowl.
My advice would be to patronize local “farmer’s markets,” to the best of your ability. Better food, and you get what you pay for and can actually examine it before you lay out your money!
well about time someone in power noticed what wool us seniors have to face daily after food shopping go to my drug store same tricks and and cost is up 25 percent then dr co-pays up another 20 % what will we do when money social security doesnt go far enough to keep us healthy
i for one will not pay a single dr bill my sickness is caused by our government let’s take it back already raped and brusied lady liberty is not what she stood for so many years lets scrap the statue that means so little any more freedom is prison in america try being disabled for 20 yrs and still no cost of living raise to keep up with the food prices and dr bills id rather eat so i will not pay some dr 3/4 of what little i get 600.00 bucks doesn’t go very far paying bills and for 3 weeks im broke when something unexpected happens what then go with no medical help or medicnes and have the stroke and die like th government wants us all dead as seniors go another bill yhey would not have if they left social security monies alone it’s all been stolen and not being repaid to those who earned it like let me have 20 percent of your paychek each month so i can invest it in the stock market and make money for me , then when you retire ill give ya back the 20 % would it fly it your world , not in mine obama should know chacago politics suck as hard as he does on ciggaretts still