Monday, April 11, 2022

Grocery Inflation Watch -- 2022

Locator: 10001INFL.

May 10, 2023:

  • eggs: $2.59 (Target) -- twenty cents less expensive than a year ago;
  • white bread: $1.89 -- vs $1.19 exactly one year ago -- obviously grocers are trying to taking advantage of "inflation"; there's no way white bread should increase from $1.19 to $1.89 in one year if CPI figures out today show 4.9% increase y/y
  • diet Coke, 2-liter bottle: $2.79 -- about the same; possibly twenty cents less expensive;

February 28, 2023: Wow, wow, wow -- eggs!

Eggs:

  • had been running at $5.59 for the past several weeks (months);
  • today, at Target: $3.29 for a dozen white eggs
  • wow
  • on February 23, 2023, an article in The WSJ predicted this (LOL)

Eggs:

  • by the way, speaking of eggs, from 2015:

McCormick crushed red pepper, for pizza:

  • $6.15 for a huge bottle, 3x their normal size, 1.5 oz
  • store brand: 1.5 oz for $1.19 (or $3.58 vs $6.15)

Soft drinks, 2-liter:

  • my favorite drink at McDonald's: Diet Dr Pepper
  • at home, Diet Coke
  • makes no sense? Don't ask, I don't know.
  • Diet Coke: $2.99 at Market Street;
  • Diet Coke: $2.59 at Target
  • Diet Dr Pepper: $2.19 at Target
  • from now on, Diet Dr Pepper at home; 
  • $2.99 vs $2.19 per 2-liter bottle; that's almost a dollar/bottle savings

Bread:

  • brand name $3.99 or more
  • white, no-name bread: $1.49

Canola oil:

  • Crisco: $5.29 for one of those 48-oz bottles
  • store brand, same size: $3.89

Frozen turkey: Walmart

  • 98 cents / lb

Alcohol (at Total Wine and More -- I didn't buy either -- just noting)

  • scotch: the price I would pay if I bought scotch: $35 -- it's rare for me to buy scotch any more; too expensive
  • Texas vodka (Tower): normally $12.99 for typical size bottle; $5 off; now $7.99 -- I don't drink vodka either with very rare exceptions

*********************************
December, 2022, and Before

December 6, 2022: for the longest time, at least six months, it seems, Coca-Cola in two-liter bottles, all varieties had been priced at $2.59 at Target and $2.58. 

All of a sudden, last week, two-liter bottles of Coke were priced at $1.59 and $1.58. Amazing. Just out of the blue. Then today, again out of the blue, we found two-liter bottles of Coca-Cola priced at three bottles for $5.00! That's $1.67. So, not quite as good as $1.58 but this was at one of the high end stores in our neighborhood.

October 23, 2022:

  • Oatmeal, box of individual packets, Maple Sugar; 20 packets in a box
    • Quaker Oats brand: $6.48 (Walmart)
    • generic (GG): $3.48
  • at 20 in a box, that works out to 16 cents / packet
    • Starbucks: $3.58 / serving -- to add water and heat in microwave

September 5, 2022:

  • orange juice: prices finally rose; Simply Orange went first and Tropicana followed; from $3.99 to around $4.19; Tropicana on sale for $3.50;
  • eggs are volatile; around $3.49 but has come down as low as $3.19 at Target; more expensive at regional grocer
  • bacon: already cooked, standard 10-slices: $3.69
  • shrimp, frozen: smallest size bag -- $8.99
  • pickles, kosher, dill, medium size bottle: $2.59
  • at Albertson's I refused to buy small package of Kraft caramels for $3.29
  • potato chips are every, very expensive; refuse to buy

August 30, 2022:

  • Braunschweiger, standard size, John Morell, Albertson's: $3.49
  • iceberg lettuce, head, Albertson's: $1.59

August 28, 2022:

  • my favorite brand orange juice finally went from $3.99 to $4.19 after at least a year of no change in price;
  • Tropicana maintained orange juice price at $3.99
  • Candy: Hot Tamales could easily be found for 99 cents in the past; at Target: $1.29
  • Spam: $3.79; standard size, regular
  • Pearl Milling Syrup: $3.39, regular size
  • pickles, Mt Olive, $2.59

August 16, 2022: a dozen eggs back to $3.39 at Target.

July 21, 2022

Tuna at 85 cents a can -- I've never seen it this low -- at least not in the last two or three years.

Eight Bar-S hot dogs: they were 99 cents last week, now up to a $1.29 but that compares with all other hot dogs at $5.99 for a package of eight.

And finally, I bought the salad expecting to pay $3.99, but found that it was on sale for $2.49.

This "food inflation" story is a bit overblown. 

By the way, eggs are now easily found; no longer any shortage. Target has a dozen for $2.29 and I'm sure they will get less expensive over the next few months.


The bacon, lettuce, and tomato sandwich I'm going to have in a few minutes will cost about fifty cents.

July 14, 2022: a reader noted that the producer price index gained 11.3% in June, 2022. My reply:

  • I find this whole thing very, very interesting.
  • My hunch: a lot of companies are taking advantage of this "inflation."
  • BEER
    • I've been paying attention to prices for beer for past three years -- I am amazed that beer is not appreciating in price here in Texas.
    • incredibly competitive, it appears. Never any shortage.
  • Potato chips:
    • I seldom buy potato chips but I never buy brand-name unless on sale. I find no difference between store-brand and brand name (in fact, our local store brand is better than brand name chips). 
    • Brand name chips running about $4.50 for a regular-size bag of chips; store brand chips about $2.29.
  • Hot dogs:
    • I buy 8-pack of brand-name for 99 cents. Ninety-nine cents, and yet most other hot dogs run $4 to $5 for 8-pack.
  • Tuna:
    • store band: $1.19 vs $2+ for brand name
    • I can tell absolutely no difference
  • Orange juice:
    • hasn't gone up in price in ages; $3.99 for brand-name for usual size
  • Eggs:
    • no longer any shortage
    • shelves overflowing with eggs
    • had been as high as $4 for a dozen during a shortage, now most expensive is $2.29 at Target -- I bet I can find it less expensive elsewhere.
  • Beef
    • I don't buy meat any more except hot dogs and summer sausage. Can make summer sausage last a long time with thin slices.
  • Spam
    • has gotten more expensive but I can also "stretch it."
  • For me, food inflation is not a problem.
  • I would hate to be a young parent with high-school teenagers playing football.

June 17, 2022: favorite IPA, 6-pack, bottles:

  • at Target: price has not increased for at least two years —
    • regular price: $9.99
    • on sale, this week: $8.99
  • Big Box store, regional: regular price: $7.99

June 4, 2022: Target run --

  • still no baby formula on the shelves
  • eggs are in pretty goods supply (easily meets demand); and now back to $2.69 / dozen
  • Tropicana orange juice on sale at 2 / $7 ($3.50 apiece) vs competitor's $3.99

May 12, 2022: Target run --

  • eggs are back! Plenty of eggs at both Target and Albertson's
    • Target: $3.19 for a dozen
    • Albertson's: $2.79 for a dozen

May 8, 2022: Target run --

  • eggs, oh, dear: I used to be able to get "store-brand" eggs for $1.29 / dozen;
    • then, during the shortage leading up to Easter: $2.29, when they were even available
    • tonight: same "store-brand" eggs: $3.29 / dozen
  • hot dogs:
    • brand name regular hotdogs: 8-pack for $0.99. Mis-priced? I don't know but that was what they were marked;
    • National Hebrew: $4.99 for five- or six-pack, the standard National Hebrew pack for $4.99

May 2, 2022: beer seems to be "holding, staying steady." Inflation not affecting beer to extent one would think. A six-pack of brand name craft beer everywhere at $9.99 and some places, some brands, $8.99. 

April 29, 2022: Target -- bacon and logistics / supply chain issues. 

April 22, 2022: Target --

  • out of eggs; a few cartons left, but essentially out of eggs;
  • silver lining:
    • with smaller packages, increased prices, I'm eating less, losing more (weight)
    • since I bicycle whenever I grocery shop, I can now carry more items, because each is less in size;

April 18, 2022: Target --

  • eggs: unchanged in price; best price, $2.29 / dozen;
  • inventory continues to drop, though plenty
  • Pillsbury refrigerated cinnamon
  • rolls: inventory very, very low

April 16, 2022, Target / Albertson's run:

  • soy sauce:
    • Target: completely out of Kikkoman; only three bottles of store brand left;
    • Albertson's: lots of Kikkoman; plenty of store brand
  • Bundeberg ginger beer diet:
    • Target: doesn't carry
    • Albertson's: lots
  • eggs: no change
    • Target: moderate inventory left; $2.29 / dozen
    • Albertson's: mdoerate inventory; limiting sales to one dozen / customer / visit; $2.89 / dozen;

April 15, 2022, Target / Albertson's run:

  • eggs: no change. Prices unchanged; Target still beats Albertson's, $2.79  vs $2.29 for a dozen
    • plenty of eggs available at both places, but clearly inventories are way down
  • soy sauce: 
    • not on Kikkoman bottle of soy sauce available at Target; out of curiosity need to check Albertson's
    • store brand soy sauce available in very, very limited supplies -- down to about four bottles;
    • Kikkoman: $3.49
    • store brand: $1.69
    • no brainer, even if Kikkoman had been available.
    • salad dressing, Honey Mustard
      • brand name: $3.89
      • store brand: $1.59
      • no-brainer which one to get

April 14, 2022, Target / Albertson's run:

  • Albertson's:
    • white bread, $1.19 on sale for 99 cents a loaf;
    • eggs at Albertson's: shortage due to avian flu; best I could find, $3.89. Target, best, $3.29;
    • plenty of eggs at Albertson's but not "overflowing"
  • six pack crafts beer, new Belgium Voodoo Ranger:
    • Albertson's: $11.99
    • Target: $9.99 and second one 25% off;
  • sushi:
    • Target; not made on site; very expensive
    • Albertson's: made on site; no price increase; my usual: $12.49
  • prices overall: about the same between Target and Albertson's

April 13, 2022, Target run:

Eggs remain very expensive due to avian flu outbreak. I can usually meet all my egg needs at $1.19 / dozen at Target. Now, the best I can do is $2.39, and Target is dangerously close to running out.

April 13, 2022, Target run:

I made my daily / almost daily run to Target.

Sophia likes chocolate croissants for a snack before gymnastics.

We used to get six "large" chocolate croissants for $3.99; now there are only four in the box.

So, I get them less often and I don't have any. Sophia gets them all. Overall, not spending any more on croissants than I used to but yes, huge increase in cost.

Today, they did not have the croissants; they are often sold out. I bought the alternative, six small croissants for $2.99.

Sophia will have two of them, perhaps three of them. She likes them just as much -- they're "cuter" so I think she prefers them.

At Starbucks a single chocolate croissant, identical to the four for $3.99 chocolate croissants at Target, costs $3.25 before tax; after tax, $3.52. So instead of $3.99 for four at Target, I would be paying $14.08 for four at Starbucks.

The worse inflation gets, the more I save. LOL.

April 13, 2022:

  • K-cups, Amazon, per cup, as low as 25 cents/cup; as high as 75 cents/cup:
    • Amazon brand, Solimo dark roast: 31 cents
    • Amazon brand, Hazel nut, 25 cents
    • Variety pack: 35 cents
    • Dunkin' Donut: 34 cents
    • McCafe: 40 cents
    • Peet's: 51 cents

Starbucks, screen shot from my iPhone:


USPS
: first class stamps, one-ounce Forever stamps;

  • 58 cents / stamp
  • number of Forever stamps I will use today: zero

Bacon:

  • Walmart, $3.73 / 12-oz package
    • approx 12 slices per package
    • one slice / breakfast: 31 cents
  • number of bacon servings I have had in the past month: zero 

Gasoline:

April 12, 2022:

  • did not buy eggs, but egg supply getting very, very low at Target
  • white bread, discount: $1.19 / loaf
  • Pillsbury cinnamon rolls: $$2.59 / 8 roll cylinder
  • Russet potato: 59 cents / pound

April 11, 2022:

  • frozen chicken strips, store brand, Target, 25 ozs ( lb 9 ounces): $6.99
  • Russet potato: 75 cents / pound

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