Friday, October 16, 2009

Deflation in Grocery Prices

Just a quick poke at hyperinflationists...

In a Safeway-operated Dominick's in Chicago, banners now proclaim, "Thousands of New Everyday Low Prices." It promotes green bell peppers that have been marked down to 99 cents from $1.39. The price of a 10-pack of Capri Sun 100% grape juice was nearly halved, to $2.99 from its old price of $4.79.

On the front page of weekly ad circulars in Denver, Safeway stores tout "Dollar Deals!" like 79-cent brownie mix and 99-cent sausage links. Safeway's Tom Thumb stores offer a weekend discount including five boxes of macaroni & cheese for $2.

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