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Denmark | That list is interesting reading.
Here 12-13 % of the money an average person spends is for food, - and on the average 18 % of that food is thrown more or less directly into the garbage can.
The coming rise of food prices is a hot topic here too and it is bringing to mind what has happened the last 4-5 years.
Wheat is an example.
In 2006 there was 8 cents worth of wheat in a loaf of bread. Then in 2008 the wheat prices doubled to 16 cents worth but the bakers lifted the price 70 cents for a loaf, hanging up posters in their stores explaining, that doubling of wheat prices was the reason.
Last year the wheat prices were down to 2006 level again but the bakers never lowered their retail prices. Now again consumers are told to be prepared for higher prices.
The bakers, of course, are free to set their selling price. But it is unfair solely to blame the farmer and his wheat, when it is at least a handful of other factors accounting for more than 80% of the rise.
One can only hope for more varied explanations this time.
Jorn
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Grocery price increase - compared to top 10 money drains ~
