justoffal
Diamond Member
- Jun 29, 2013
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Although undoubtedly corporations will occasionally behave like corporations.... The 30% price rise across the board in most staple groceries is actually due to the rising supply costs that the chains have to deal with. The biggest culprit here is the energy bomb. The increased cost of processing, transporting, and refrigerating has gone up considerably for the big suppliers. Add to that the increased burden on agriculture through skyrocketing ifertilizer prices to the increased cost of operating find equipment and you have an inevitable price increase that will trickle down to the consumer's wallet. Here is an article authored in 2022 fairly recent.
walton.uark.edu
![walton.uark.edu](https://walton.uark.edu/initiatives/supply-chain-research/posts/images/grocery-shopping.jpg)
Supermarket Chains Are Not Price Gouging
Federal economic data does not support Elizabeth Warren’s claim that major grocers are using inflation as an excuse to unnecessarily raise prices.
![walton.uark.edu](https://www.uark.edu/_resources/includes-22/assets/icons/favicon-16x16.png)
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