O/T Supermarkets Making a Load of Dough on Bread

[KerrAvon]

Poor Australian wheat harvest caused by late rains.

[CTMilller]

Pretty much using brexit as a excuse to shove prices up

On a plus not farerro Roche are £5 a tray ��

"qu'ils mangent de la ferrero rocher", I say...

[frogmiller]

"qu'ils mangent de la ferrero rocher", I say...

Some nuts have worms in them!

[Silly-miller]

Pound shot up ?

June 22 2016 £1 = 1.30
now £1 = 1.12

about 23 % down

that is why most basic foods are more expensive in UK

Euro was 1.06 last August and now 1.13 so yeah gone up not down

[PerigordMiller]

Euro was 1.06 last August and now 1.13 so yeah gone up not down

Brexit vote was a year last June

[Silly-miller]

Brexit vote was a year last June

Price of bread went up this week not June

[caytonmiller]

£ Vs euro fell again today. 1.09

[John2]

Price of bread went up this week not June

Which tells us the suppliers had been absorbing the cost of Brexit, but eventually had to succumb and increase prices.

It's called inflation, and thanks largely to Brexit it's a problem that will plague us for some time. Since we've become addicted to unprecedented low interest rates, the cause of what recovery we have had, it's going to be fascinating to see how badly the wheels fall off with the pressure inflation puts to raise the interest rates. I've put my money where my mouth is and sold my house in anticipation of it all going wrong.

[Silly-miller]

Which tells us the suppliers had been absorbing the cost of Brexit, but eventually had to succumb and increase prices.

It's called inflation, and thanks largely to Brexit it's a problem that will plague us for some time. Since we've become addicted to unprecedented low interest rates, the cause of what recovery we have had, it's going to be fascinating to see how badly the wheels fall off with the pressure inflation puts to raise the interest rates. I've put my money where my mouth is and sold my house in anticipation of it all going wrong.

So when do we not blame brexit?

You know as well as I do that a bottle of branded pop like Diet Coke used to be 40p in 90s now it’s £1.50. Did someone have the ability to see the future and cranked prices up back then?

Greedy business crank prices up
Farmers can’t pay for food so they charge more
Greedy business crank prices up

It’s a loop

And il tell you now it won’t stop but it will make people hungry and homeless

You wanna know what’s funny though if uj has free trade with America a **** load of cheap American foods will flood the market and all these company’s who need U.K. to trade with will go under

[WanChaiMiller]

Although we've had a welcome hike, the pound has not recovered its pre brexit rate.