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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.

mrits 4 hours ago | parent [-]

Do you think we get our little Debbie snacks from Paris?

relaxing 3 hours ago | parent [-]

No but the wood pulp for the cardboard boxes and the parts to keep the manufacturing lines running come from abroad.

Traubenfuchs 5 hours ago | parent | prev [-]

Your assumption of the existence of a grocery market competing on price might be wrong.

eru 4 hours ago | parent [-]

If they aren't competing on price, what were they competing on to have Wal-Mart take over so much market share? Did people just switch to shopping at Wal-Mart because they like the greeters?

And what about Aldi and Lidl? Why do people put up with these weird German hard discounters, if not for lower prices?