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I would not object to the price rise if it went straight to the...

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Kaunas

3,182 Posts.

94

13/02/20

09:17

Post #: 42902866
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Originally posted by 600mL: ↑

This is fearmongering.

Supermarkets have been criticised for years for underpaying dairy farmers and have been selling home-brand items at below cost prices in order to draw in customers and profit on other lines of products. It's a well known story.

A rise that brings a home-brand product price closer to branded competitor products is not a sign of hyperinflation.

Also, I would suggest using the percentage price comparison against the branded competitor good, say 1L of "Brownes" milk would be better. (~$1.88/L) It would be a much smaller percentage and somewhere around 13% as an example.

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I would not object to the price rise if it went straight to the farmer. Farmers are doing it tough.
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