Lebensmittelmarken erzielen Rekordgewinne – während die Preissteigerungsmisere für Börsenspekulanten weiter anhält
https://www.independent.ie/business/irish/food-brands-scoring-bumper-profits-as-price-hike-misery-continues-for-punters/a1692734217.html
Von Banania2020
6 Kommentare
Yet we will still continue to blame the likes of Tesco or SuperValu…
AI Summary:
*Major food brands have blamed rising costs for recent price increases, but an analysis by the Sunday Independent shows combined operating profits across 18 companies rose by over* ***62% since 2021****, reaching* ***€416.8m in 2024****. This growth comes despite continued food price inflation, with consumers facing higher costs for staples such as butter, meat and dairy. While some firms reported profit declines or losses, most saw higher profitability, including both Irish co-ops and multinational brands. The findings challenge industry claims that rising costs are significantly squeezing margins and suggest consumers have borne much of the impact of inflation.*
https://preview.redd.it/0zqeaaov057g1.png?width=822&format=png&auto=webp&s=1461bc7a77d640f75c9ee4911011c7bf4637320b
Greed – period.
Funny thing is we have allowed the same companies to convince us that pay rises will cause crazy inflation so pay has remained below the rate of inflation.
How much has their margin increased? Thats the real indicator of price gouging.
Without knowing that figure, ill assume they are still taking the piss. Who’s going to stop them?
The simple solution — stop buying branded stuff.