(Cross-posting from a P&E thread. Thinking it might get more feedback here)
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Anecdotal, and hard to go into detail succinctly, but I’ll throw it out there.
Around here, grocery prices are indeed going down in the sense that sale prices (as opposed to base retail prices) are getting lower. Impulse purchases and non-price-sensitive purchases (e.g.“I just go through and pick up what I need. I don’t look a the circular”) are about the same as they were a year ago, but sale prices on many staple items are well down from a year ago. IOW, we’re getting better discounts than a year ago.
A few quick examples (all examples local to New Orleans, LA):
Bottled water, 24 x 0.5-liter cases: In 2021, four cases @ $10 was a common sales price that you could count on catching at least once or twice a month (not always the same store). By mid-2022, three cases @ $12 was about as good as the sales got. Within the last month or so, three cases @ $10 is getting common, and there’s been sightings of three for $9 and even two for $5.
Brand-name soft drinks, 6 x 0.5-liter packs: 12-18 months ago, Buy Two Get Two free at $7.99 apiece (so about $4 per six-pack) would pop up somewhere maybe once a month. These days, four for $12 is the once-a-month sale price and $3.25/pack pops up occasionally. Checking out the circulars, you can now always find a close-by store selling the six-packs discounted to $4 apiece.
Eggs: During the worst of the egg price hikes a year or so ago, finding Eggland’s Best 24-pack of large eggs for $6.99 was a steal of a sales price – the store brands were higher at the time! Just this morning, I picked up two dozen extra large eggs (store brand) for $3.44.
Boneless chicken breasts: Late 2022, $2.79/lb was the stock-up-the-freezer price. Today, $1.99/lb is the typical sales price, and you can count on it that somewhere will offer that discount at least every other week.
Brand-name potato chips / tortilla chips / etc.: If you’re brand-insensitive, you can find circa-2019 prices on many kinds of chips every weekend (likely have to buy two or more bags). True, if you echew the sale prices, you’ll be paying at least 50% more than pre-pandemic. But the discounts are frequent and deep.
It’s hard for me to imagine this is all unique to the New Orleans area. Price-sensitive shoppers should be noticing similar price breaks in other parts of the U.S. Among Dopers, am I out on an island here, or are others seeing some better price breaks on groceries than they saw, say,12-24 months ago?
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Are you seeing better sale prices in your grocery stores lately?
- Yes, I’m seeing much better discount prices lately on a wide variety of groceries
- Sure, sale prices are getting better, but I’m not exactly wowed yet
- Some items - yes, other items - no. It’s kind of a wash
- Not really. If anything, grocery prices are still inching up. Sales, schmales!
- No, still getting hammered by grocery prices as badly as ever