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Grocery prices fell in April

Discussion in 'Too Hot for Swamp Gas' started by oragator1, May 15, 2024.

  1. oragator1

    oragator1 Premium Member

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    I can get a relatively healthy burrito from Chipotle for about $11 now. Or a (not perfect but much healthier than McD) subway sandwich for ~$10. Or I can get an oil fried greasy sugary non nutritional pile of crap (aka a “value” meal) from McDonald’s for about the same price. The quality of food once they get to this price point absolutely matters. They aren’t the cheaper option anymore despite their food being demonstrably worse.
     
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  2. citygator

    citygator VIP Member

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    You can’t argue with zealots. To them Biden stole the election then personally raised McDonald’s prices after destroying the oil industry even though oil had a record output and both had record profits.
     
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  3. citygator

    citygator VIP Member

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    Why are my chipotle burrritos $15 and a heart attack? What do you get? Agree on subway
     
  4. gator95

    gator95 GC Hall of Fame

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    LOL. FACT: You quoted 2020 being the year inflation took off. I posted an example showing you are full of crap. So either post Dec 2020 McDonalds pricing or we just continue laughing at you.
     
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  5. oragator1

    oragator1 Premium Member

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    Chicken generally. The only thing it’s bad on is sodium, but when I eat decent the rest of the day it’s barely over the rda for the day for me. I just did a check, $10.10 here for a chicken burrito. You probably get the guac, I usually don’t.
     
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  6. mdgator05

    mdgator05 Premium Member

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    Lol! I am sorry that math didn't work out well for you. It is funny how often that seems to happen to you. Better luck next time, sport!
     
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  7. G8trGr8t

    G8trGr8t Premium Member

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    wonder how much less food is being bought due to gp1 inhibitors (mounjaro, ozempic)

    google says 9% less for people using Oz. if 10% of population is using the drug, that would equate to around a 1% loss in sales

    Ozempic Users Cut Grocery Spending by Up to 9%, Survey Finds (bloomberglaw.com)
    • Morgan Stanley says snacks and sweets most hurt by GLP-1s
    • Report cites Numerator data from across 90,000 households
    There’s now data to justify the anxiety from snack-food makers about how appetite-suppressing weight-loss shots like Ozempic will hurt their business.

    When monthly grocery spending is adjusted for factors including household size and income, spending in households that use so-called GLP-1 drugs decreased by 6% to 9% versus non-GLP-1 households, Morgan Stanley said in a report, citing a survey from Numerator, a market-research provider.

    Certain grocery items are particularly affected, with snacks, pastries and ice cream purchased less by households with GLP-1 users. Sales of yogurt, fish and vegetable snacks increased.
     
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  8. oragator1

    oragator1 Premium Member

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    One other point on McDonalds, and this is true.
    About 15 years ago in my work office, someone dropped a Big Mac between the cubicle barriers and didn’t realize it. They found it 6 months later by chance, and it was still in one piece, just dried out, without a single spot of mold on it, it hadn’t decomposed at all. We were all in shock when we saw it.
    So that’s the 10 or 11 dollar value meal you’re paying for.
     
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  9. gator95

    gator95 GC Hall of Fame

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    lol. You can’t defend your BS so you try to change the subject. Tough L sport. Swing and a miss!
     
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  10. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    [​IMG]
     
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  11. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Who's 'we'? You and your little brother?
     
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  12. mdgator05

    mdgator05 Premium Member

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    LOL! Project much? Let me give you another chance to defend the data that you posted:

    1. Who produced the pricing data that you linked?
    2. What were the methods utilized to produce that data?
    3. What year did Biden become President?
    4. Why do you think 2019 is an appropriate baseline year if the analysis is about Biden's time in office?

    Now you can choose to answer the questions or out this post as deflection from having to defend your own claims. Choose wisely!
     
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  13. gator95

    gator95 GC Hall of Fame

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    Anyone with a modicum of intelligence should be laughing at him.
     
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  14. gator95

    gator95 GC Hall of Fame

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    I don’t even read your posts when you make shit up. You said 2020 was the spike in inflation. I proved you wrong. The rest is you trying to ignore that. Not answering anything from you until you either show proof or apologize. I can’t wait LOL!
     
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  15. mdgator05

    mdgator05 Premium Member

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    Haha, and there is the answer. Deflection from having to defend your own claims. QED. Thanks for playing your part. Good luck next time, sport! You will need it.
     
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  16. gator95

    gator95 GC Hall of Fame

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    So funny. You don’t have the intelligence to come up with your own jokes. Have to steal mine. Too awesome. So did you find all that inflation in 2020 yet? You must be at the end of the internet by now looking LOL.
     
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  17. mdgator05

    mdgator05 Premium Member

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    Wow, it is hilarious that you keep claiming not to be reading and yet appear to know every word in a post. Not reading and not understanding are two different things.

    BTW, I didn't tell a joke. Do you think calling somebody "sport" is a joke?

    I already demonstrated it. The data you linked, presumably because you believe it, said that Big Mac's increased by 88% between the end of 2019 and 2024. I linked a study showing only 16.4% increase in prices from March 2021 to March 2024. I would think even you would be able to figure out the math of when most of the increase, taking your data at face value, occured. Let me know if you need me to do the math. It isn't too hard.
     
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  18. oragator1

    oragator1 Premium Member

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    Good god, get a room.
     
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  19. gatorpa

    gatorpa GC Hall of Fame

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    It’s part of the reason some “snack” food produces stocks have dropped over the last year. Many analysts are trying to take this into account. Question is will there be a lasting effect when people go off. Will large numbers of people go on these drugs, tied to that is will insurance pay for it.

    My wife went on semaglutide about 9 months ago lost about 45 pounds, she never was a junk food eater, just ate too much and would stress eat. Women’s hormones after 45 really seem to help pack on the pounds.
     
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  20. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    That's good news. These snack food companies are just legal drug dealers.