| ▲ | eranation 5 hours ago | ||||||||||||||||
That’s an astonishing number. Wouldn’t that be more than enough to cause a decrease in grocery prices? | |||||||||||||||||
| ▲ | eru 4 hours ago | parent | next [-] | ||||||||||||||||
It depends on how elastic grocery prices are. And so far it's 5.3% reduction in the spending of <16% of households on the drug for a total reduction of less than 1%. Compared to eg tariffs and general inflation, that's a bit hard to distinguish from noise. | |||||||||||||||||
| ▲ | mpyne 5 hours ago | parent | prev | next [-] | ||||||||||||||||
There are other major factors also influencing grocery prices, such as tariffs. It may because that was are seeing a significant influence on price, but one that is counteracted by other influencers. | |||||||||||||||||
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| ▲ | Traubenfuchs 5 hours ago | parent | prev [-] | ||||||||||||||||
Your assumption of the existence of a grocery market competing on price might be wrong. | |||||||||||||||||
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