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Supermarket Price Increases [Groceries]

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Comments

  • Registered Users, Registered Users 2 Posts: 3,778 ✭✭✭Kaisr Sose


    Silly commebnt or logic. I never implied they were a charity so I don't know where that comes from.

    If you understand economics or pricing you would know than mnimum wage levels is not the reason why a product is 50% more expensive in Ireland , or VAT or Rent or whatever.

    They are all marginal costs which are dissipated in fractions over many products. The ultimate driver of the price is the cost price of it, and then the other costs are added.

    The bottom line here is that Lidl are not selling anything at a loss, because as you rightly point out, they are not a charity and have to make a profit. To achieve that, every cost is accounted for.

    So with that agreed, 75c for the hazelnut bar gives an indication of what the cost price of the bar is, and how much gross profit they are making (with min wage and other costs etc., added) on the milk chocolate bar at €1.49.

    Apply that gross profit to all products sold by Lidl and other retailers that have increased in price significantly for no obvious reason and you will understand how retailers are all making big profits in Ireland. Which Tesco nickname ' Treasure Island'...

    Post edited by Kaisr Sose on


  • Registered Users, Registered Users 2 Posts: 12,613 ✭✭✭✭thesandeman


    Approx €11.50ph with guaranteed increase in line with inflation I think. Rent etc. is a lot less than here of course.



  • Registered Users, Registered Users 2 Posts: 3,434 ✭✭✭cute geoge


    The cost of doing business in Ireland is exorbitant ,it is everyone along the line that produces a product is paid more then in Austria.

    Example take a bag of spuds the farmer pays extra here for the seed ,fertiliser and spray.He pays extra to the labourer to help him pick and grade the spuds ,he pays extra for the bags/packaging ,He pays extra for machinery,repairs and maintenance.

    Then delivery and storage cost extra so how do expect any product to have similar price in Lidl Austria to Lidl Ireland



  • Registered Users, Registered Users 2 Posts: 3,778 ✭✭✭Kaisr Sose


    Example take a bag of spuds the farmer pays extra here for the seed ,fertiliser and spray.He pays extra to the labourer to help him pick and grade the spuds ,he pays extra for the bags/packaging ,He pays extra for machinery,repairs and maintenance

    Interesting you should mention spuds

    My uncles neighbours land was leased last year to a company that supplies potatoes to the UK. If all the input costs here are so high,v UK, why would the retailer not buy spuds from UK growers?

    Then delivery and storage cost extra so how do expect any product to have similar price in Lidl Austria to Lidl Ireland

    Lidl Austria have these costs too, including networking costs to individual supermarkets. The extra coats in Ireland will add k4 equate to cents, not a 100% difference. I don't expect the price to be same here or in other markets, but I equally do not expect it to be doubled. That's the point.

    By way of comparison, the price of TVs, white goods, or mobile phones/computers is not 50% less in Austria, and these retailers also have min wage, rent, transport, storage costs.

    So why is food pricing in Ireland such a special case of additional cost factors that do not apply to other types of goods?



  • Registered Users, Registered Users 2 Posts: 3,434 ✭✭✭cute geoge


    At this stage it is an anomally a company exporting spuds or any veg from Irelad to Uk .As far as I know a large % of spuds sold here are imported from the UK ,unless there is a market in the UK for seme specialised variety that grows better in our wonderfull climate.

    Imo the reason of intensive local labour involved in producing food is one of many reasons why food has additional cost added compared to other good . Speaking to many local small business owners ,running a business nowadays is only a pain in the arse ,the worker drawing a wage is as well off with none of the headache!!



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  • Registered Users, Registered Users 2 Posts: 2,922 ✭✭✭John arse


    Where can I get the Austrian spuds???🥔🥔🥔



  • Registered Users, Registered Users 2 Posts: 295 ✭✭EletricMan


    Lee stand milk in Kerry had a 2L milk with 25% extra free for the last few years, so you would get 2.5l for the price of 2L. That's gone now, really disappointed, I found it a good size. The 3 L is a bit too big and the 2L is a bit small.



  • Posts: 8,532 ✭✭✭ [Deleted User]


    Aldi have reduced their magnum style ice creams to a 4pk?

    What is it in lidl these days?



  • Posts: 0 [Deleted User]




  • Registered Users, Registered Users 2, Paid Member Posts: 38,463 ✭✭✭✭Hotblack Desiato


    Crazy money but own-brand Irish butter is much cheaper and is exactly the same

    …and you don't need butter any more for putting on your bread, or frying. Really you only need actual butter for baking.

    I'm partial to your abracadabra,

    I'm raptured by the joy of it all.



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  • Registered Users, Registered Users 2 Posts: 1,623 ✭✭✭hawley


    Inflation in grocery prices has shot back up to 4.52pc, a hike that is impacting consumers who made fewer shopping trips and spent less compared with the same time last year.

    https://m.independent.ie/business/rising-grocery-prices-starting-to-dent-shoppers-spending/a1502960818.html

    Do other people find these figures hard to believe? They always say that food inflation is 3-4%. Feels like it's way more than that.

    Communication was the greatest fatality



  • Registered Users, Registered Users 2 Posts: 3,573 ✭✭✭beachhead


    Way more than that



  • Registered Users, Registered Users 2 Posts: 990 ✭✭✭crayon80


    The orange juice/oj drink saga continues.

    Lidl no longer sell the 79c 100% orange juice from concentrate. Only the cheap OJ drink which is in IDENTICAL packaging just with the word Drink added. For a while they'd both products mixed in together, see pic, definitely misleading.

    Dunnes have gotten rid of the €1.15 (or whatever it had risen to) proper orange juice and now sell €1.39 Orange juice drink. Same packaging as the OJ was - totally different product.

    Both retailers are absolutely trying to fool customers.

    TTesco are selling orange juice at €1.49.

    The only place that seems to have 1L OJ from concentrate is Aldi, 89c.

    Lil oj ojd.jpg

    Dunnes oj.jpg


  • Registered Users, Registered Users 2 Posts: 18,469 ✭✭✭✭RobbingBandit


    Monster Energy two 4 packs for €12 in Dunnes was €4 for one on special last week add the 15c a can and that is €13.20



  • Registered Users, Registered Users 2 Posts: 7,652 ✭✭✭bren2001


    https://www.irishexaminer.com/business/companies/arid-41608519.html


    Grocery prices increase 4.5% over the first 12 weeks of the year.

    final paragraph is interesting, Aldi and Lidl only have a combined 24.1% share of the market.



  • Posts: 8,532 ✭✭✭ [Deleted User]


    it's getting seriously expensive now to shop anywhere and try to keep a decent standard of food on the table. Yea 4.5% since the start of the year but we are having the " worst of inflation is over" line rammed down are throats. Hard to know where it all ends.

    By the end of the year a 200euro shop will be at 215 euro or so.

    People need to start to vote with their feet where possible.



  • Registered Users, Registered Users 2 Posts: 12,329 ✭✭✭✭tom1ie


    I get what you’re saying- but shop where?
    Lidls probably the cheapest but it’s still expensive.
    The shopping bill easily hits €220 for a family of 5 and that’s being frugal enough.



  • Registered Users, Registered Users 2, Paid Member Posts: 6,973 ✭✭✭jj880


    5.49 for a bag of frozen breaded chicken strips in aldi the other day. Thought theyd made a mistake but no all was correct. Ridiculous.

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  • Posts: 8,532 ✭✭✭ [Deleted User]


    Yea i hear ye. It really is shocking to see how expensive the "budget" shops have become. I find we cant shop for a week in advance. Too much meat and veg doesnt stay fresh.



  • Registered Users, Registered Users 2 Posts: 2,384 ✭✭✭Rocket_GD


    We bought those by mistake a few weeks ago. They do still have some breaded ‘chicken’ goujons for 1.79 iirc.

    Shopping has got more expensive, I’ve found it’s made us more experimental with what we buy. I’d say our shop is still about €60/70 a week for 2 in Aldi.



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  • Registered Users, Registered Users 2 Posts: 111 ✭✭Mattyonthepatty


    Soon there won't be any need for trolley's in supermarkets as no one will be able to afford to fill them.



  • Registered Users, Registered Users 2 Posts: 111 ✭✭Mattyonthepatty


    ..



  • Registered Users, Registered Users 2, Paid Member Posts: 6,973 ✭✭✭jj880


    For sure. Definitely noticing the receipts edging up. I try to avoid any kind of reformed meat but its getting to be a very expensive choice these days. To be fair they were 600g bags but thats still nearly 10 euro a kg now for frozen breaded chicken fillet.

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  • Registered Users, Registered Users 2 Posts: 2,384 ✭✭✭Rocket_GD


    I think the likes of Aldi have copped on to that as well, they’ve recently brought out a new breadcrumb range in tubs and sachets, which work out cheaper compared to frozen chicken strips and you know that you’re using fresh chicken to diy it at home.



  • Registered Users, Registered Users 2 Posts: 7,652 ✭✭✭bren2001


    The worst of the inflation is over. It might be rammed down our throats but its also true.

    The 12 month inflation rate from February 2024 → February 2025 is 1.81%. That's a basket of goods that includes your hairdresser, taxis, insurance, fuel, groceries etc. On average, things are going up in price but much slower than the massive inflation we saw a while back.

    The CPI figure does not mean groceries are going up slowly. They are clearly rising much faster and are expected to continue to rise at a higher rate.

    Inflation can be within the normal boundaries and groceries can be increasing in price at a much higher rate. Both can be true.

    As pointed out above, I'm unsure where you can vote with your feet. You have to eat. I already shop in Aldi and avoid a lot of brand name products. Prices will go up, not much I can do about that.



  • Registered Users, Registered Users 2 Posts: 19,911 ✭✭✭✭road_high


    One thing about the high food prices is I’m much more tuned into actually using everything I buy these days and plan accordingly- if I know I have something close to use by date I’ll make sure to use it up so no impromptu eating out or something else instead. I also shop smaller and often and tend to tune into special offers and have all the loyalty cards to use.
    The Irish grocery market majorly needs a good boot up the arse- they’re all very complacent and arrogant- Aldi Lidl have completely become part of the rip off scene- honestly some of their prices for own brand stuff is often dearer now than brands in dunnes etc on offer. I watch prices like a hawk



  • Posts: 8,532 ✭✭✭ [Deleted User]


    Went into the M4 services the other day. 6.80 for a chicken baguette. I handed it back needless to day. Either advertise the prices clearly and correctly. Otherwise don't complain when the consumer doesn't take it.



  • Registered Users, Registered Users 2 Posts: 12,329 ✭✭✭✭tom1ie


    Energy in put prices are down- oil and gas, therefore fertiliser should be down leading to lower input costs for growing and transporting food- in theory.
    Supermarket chains and manufacturers of grocers are still making massive profits.

    The farmers and the consumer are getting ripped off big time.



  • Registered Users, Registered Users 2 Posts: 18,906 ✭✭✭✭rob316


    Those are excellent quality to be fair, I wouldn't buy the kids the other crap.



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  • Registered Users, Registered Users 2 Posts: 31,711 ✭✭✭✭zell12




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