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I’ve noticed pretty significant grocery increases over the last year. My wife and I basically eat a fixed menu day to day so the groceries we buy are usually e
by kcplate 5y ago
I’ve noticed pretty significant grocery increases over the last year. My wife and I basically eat a fixed menu day to day so the groceries we buy are usually exactly the same week over week. About a year ago we spent about $150/wk. Now it’s much closer to $200. Some of that is due to what we eat (keto/meat heavy) and that includes chicken wings (which are apparently in short supply) and pork butts. I’d bet we are looking at almost 40% above 2019 prices just on those two items alone.
- sokoloff 5y agoWe’re also seeing about 30-40% grocery increases overall from Feb 2020 to now. That’s high, but it’s nowhere near 100%. If restaurants are seeing 100% ingredient increases, labor price increases, and labor shortages, I think we’re going to see a massive wave of restaurant bankruptcies in the next 18 months. There’s no way consumers are going to just swallow that.
- frankydp 5y agoSorry for the late reply. My 100% increase converts to 15-30% at the price point. In the same way you are seeing that 30-40 at the grocery. Restaurants generally run %20-40 food cost.