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Will Consumers Change Spending Habits As Food Prices Increase?


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Here is a story from Vending Marketwatch.

My link

I think that if we see significant increases in costs and have to pass them along it will impact sales.

On a related note, had my annual meeting with my Coke rep and will only have a .02 /unit increase on 20 oz carbonated drinks and no increase on noncarbonated. HOWEVER, the pricing is only good through April.

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I started watching food prices about a year and a half ago. I picked one product that I bought a fair amount of and watched it slowly rise. It was a box of instant oatmeal from Walmart. It used to be .88. It is now 2.16

Thats a little more than the 2% the article states.

I'm one of the lucky ones, having a commission sales job. My wages increase as product pricing increases. But my family can still feel our paychecks being strained.

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