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I'd expect a series of interest rate hikes as a response to inflation. Once the Fed starts hiking rates in March the rest of the World will likely follow.
The world is having supply issues, My Brother-in-law ( who was is in Orlando for christmas ) mentioned the massive gaps on the shelves in Walmart and Target, I wanted a few bags of different M&M's, he facetimed me to show me the shelves on a few isles, it was mental, absolutely loads of spaces, then he showed me the prices, of course they have risen since I last went ( 4 years ago ) but the rises were certainly more than here
cool story eh
Note my use of "mostly". Clearly the net price is the important determinant and that includes freight, administration, insurance, tariffs etc. A case in point is natural gas in the US. It's difficult and costly to export so it's cheap in the US. Oats from Scotland, I'd venture, not so difficult/costly to sell in the global marketplace 'though I freely admit Brexit hasn't helped with net prices for goods from Scotland.
Good thread on Twitter regarding the increase in food prices. https://twitter.com/bootstrapcook/st...697909252?s=21
I know at least in some states the licences rules are that you have to be a state sanctioned store or something like that
For example, when I briefly lived in Pennsylvania in 2002 you could never buy booze in supermarkets.
America is strange for a country so fond of free markets that it has quirks like this
TOBW.
I saw this and thought of you..
https://www.msn.com/en-gb/foodanddri...cid=entnewsntp
I took Lisvane Blue’s advice and bought 25kg of Wilton’s organic porridge, so I won’t be buying any supermarket porridge for months! Really surprised to see which one was rated the best in that survey and I could try Lidls if I’m not too impressed with the Wilton’s stuff. I was a little shocked to see Tesco’s rated so low because their organic brand is very nice and it was only the huge price rise that got me thinking of a change.