Hershel had filled out his price list for Pesach only to notice that some of the canned good’s items were sharply higher than he projected. When he called the distributor, he was told: “Do you know what I paid for diesel to get the delivery to you?” He sheepishly crossed out the prices he so carefully prepared for pricing that was 12% higher to reflect the invoice he had just received.
This scene may repeat itself all over the country, Kosher Today reports, as fuel prices skyrocket especially with the uncertainty that lies ahead in the Russian invasion of the Ukraine.
Prices are already 10% -12% higher than a year ago on average with meat and poultry almost double that.
{Matzav.com}
Price gouging price gouging and more price gouging. Anything these greedy companies can do to rip off fellow Yidden, davka before Yom Tov. This never happens in middle of the winter or in middle of the summer. It’s always davka before Succos and Pesach. How convenient. Wicked evil preditors. Yesh din viyesh dayen!
At times like this you really need to be thankful we have Biden in office. He increased food stamps so much that I don’t even notice the increases in prices. Yes food may have gone up 20% but my food stamps went up 25% percent so I come out ahead.
Are you that jealous? You can’t live and let live? Daven that you should become poor and have to come on to others. Then you’ll know what you’re talking about. You are a wicked person.
I get the feeling that thy put out these press releases so that they can get away with it.
The question is if they pass along the diesel cost as is to the consumer or if they include in their margins.
For example, a bag of fruit costs $1 to wholesaler, he marks it up to $2 and the store marks it up to $4 for me an you.
Diesel costs went up .10 per bag.
Are we paying $4.10, which is okay, or $4.40 and now Mr. Distrbutor and Mr. Store Owner are making an extra .30 off of this increase.
Nothing like a little customer panic to help the bottom line. Much of this one is for real reasons, but how much? As a percentage, does inflation affect Pesach food more than food in general?
I work for a chesed organization so we’re not looking for profit. The price increases in our orders average out at 30% so for us that means we need to raise more money. For the unfortunate store owner, it means figuring out how much to raise your prices and still make some money while bracing yourself for the inevitable conspiracy theories.