I picked up a coffee yesterday and noticed that my usual order (a medium-sized cup) cost five cents more than it did last week. Food inflation has definitely hit my coffee shop – but what about other foods?
Money & Career
Have rising food prices affected you yet?
I picked up a coffee yesterday and noticed that my usual order (a medium-sized cup) cost five cents more than it did last week. Food inflation has definitely hit my coffee shop - but what about other foods?
I’ll admit that I don’t always notice the price of individual items from week to week – I usually have my small kids in tow so I’m lucky if I make it out of the store with everything on my list and no temper tantrums. But our grocery bill is creeping up (our weekly shop now costs us about 10% more) at the same time as we’re cutting back on what we buy.
A few weeks ago I posted this piece on food inflation and a warning about rising prices from a major retailer. We’re now taking notice of which items are getting more expensive – milk and yogurt are just two things we buy regularly that have crept up in price. Chocolate is another one – I buy bars of dark 70% cocoa chocolate and now I’m careful about how many I put in the cart. Another item is canned soup – alphabet soup is a big comfort food for me and I can put away a can or two a week for my lunches. These are definitely costing more.
I’d like to know how food inflation is affecting you – if it has at all. Which items are getting more expensive? And what if anything are you doing to deal with higher food costs?
In my case, I’m now more inclined to abandon my favourite brands to try something new if it’s on special or substantially cheaper. And who knows – I might even start to clip coupons (not my favourite activity)…
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