Restaurant Reviews

Restaurant Reviews

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Fed up with celebrity chefs drizzling sauces over undercooked pieces of meat? I am!

I regularly dine out and am happy to share my restaurant experiences, and views on food, with you.

Tuesday, September 09, 2008

Cashing in on Rising Prices

Cashing in on Rising Prices

Despite the pretence of offering "discounts", supermarkets have been exposed as nothing more than spivs as they take advantage of rising food prices by adding a little extra increase for themselves.

The Producer Price Indices show that the larger chains have seen a 11.4% increase in the cost of food from the manufacturers in a year. However, families have seen their grocery bills increase by 12.3% (as per the Consumer Price Index); ie the supermarkets have added another 0.9% for themselves.

Mervyn King, the Governor of the Bank of England, has warned that he is concerned about companies that use the jump in inflation to "camouflage" an increase in prices.

Canny shoppers should beat the supermarkets at their own game, and only buy those products that offer real value for money.

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