Price Increases Retail 2016

Mortymoose

Mortymoose

Honorary Master
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In the Namibian desert...
As most of you know, I have been in retail for more than twenty years...

I have been on leave for the last 10 days and due to the fact that I shall be returning to the game tomorrow I started to check my emails from home today...

I have never ever seen so many PI notifications from so many suppliers in one week....

This is going to be a bad bad year for consumers......

:cry:
 
Seems to me some products rise faster than others. We used to buy an Oros 2L for 21.99 not too long ago (2 years?). All of a sudden it jumped to 28.99
 
Hamster said:
I assume PI = Price Increase
Click to expand...

Yes! Sorry, The Increase letters that I have been reviewing are mainly from non warehouse suppliers like dropshipment suppliers and the likes thereof....... It's just the sheer number of these letters that I received for this past week.......in the past you might receive one or two suppliers informing you of PI's every 4 months or so.......

I was reading the Financial Times just now on how the imported car parts needed to build local cars, prevents SA cars from being "cheap" export cars...... Wonder why the car manufacturers have not set up mini plants to produce everything locally! :confused:
 
Saw 5kg bag of charcoal on "special" for R62 at Spar
 
no doubt none of this will increase our official inflation figures at all ... whatever they're measuring certainly isn't something anyone buys anymore, probably stuff that isn't even available anymore and therefore has it's retail price frozen in time

I also feel and see the price increases / package shrinkages ... :sad panda:
 
MickZA said:
... and probably weighed more back then. This ploy of sneakily reducing the package quantity really gets my goat!
Click to expand...

This.
Hardest hit are going to be the low income earners who survive on maize meal and virtually nothing else.
Maize will have to be imported which is going to raise the price to ridiculous levels.

And there seems to be a snag in the importation.
 
Mortymoose said:
I am not a big fan of any official Stats released by any government institution, especially in a 3rd world country.... for obvious reasons...
Click to expand...

StatsSA offers a world class service. Certainly the best in Africa and on par with a lot of developed countries.
 
WaxLyrical said:
This.
Hardest hit are going to be the low income earners who survive on maize meal and virtually nothing else.
Maize will have to be imported which is going to raise the price to ridiculous levels.

And there seems to be a snag in the importation.
Click to expand...

This time last year the WMAZ (white maize) prices were hovering around R2000 a ton. ATM it is just over R4700.
 
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