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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (82605)8/1/2008 8:30:04 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
what about service? as we are a service economy, i would argue that we get less and less for our dollar given how horrendous most service has become



To: Crimson Ghost who wrote (82605)8/1/2008 11:11:29 PM
From: Sr K  Read Replies (1) | Respond to of 116555
 
>>PepsiCo is not alone in subtly cutting size as a substitute for raising prices. Kellogg (K, news, msgs), General Mills (GIS, news, msgs), Unilever (UL, news, msgs), Wm. Wrigley Jr. (WWY, news, msgs) and Procter & Gamble (PG, news, msgs) have quietly trimmed the amount of cereal, ice cream, chewing gum, paper towels and toilet paper you get. <<

I had noticed that yogurt containers shrank to 6 ounces from 8, a 33.3% price increase, but I hadn't noticed the Unilever increase on ice cream.

I bought the 1.5 "Quarts" container of Breyer's today and then realized it used to be 1.75 Quart (and before that, it was 2 Quarts). That's a 16.7% price increase this time.

Unilever cited the price increases that aren't sticking for a sales and profit shortfall, and the stocks (UL and UN) got whacked Thursday and Friday.



To: Crimson Ghost who wrote (82605)8/2/2008 12:54:15 AM
From: Jim McMannis  Respond to of 116555
 
Smaller bag means deflation, right? G