Friday, April 11, 2008

Inflationary pressures @ Lucky's? The results

The previous post gives an overview of prices @ Luckys as of today, 12 April, 2008. The list follows as much as possible the list as published on 7 February 2008 containing prices recorded in the period February 1-5, 2008. The exceptions are few and are from my own maintained list which was not fully published as some products had little value in the overall comparison. The Lucky prices were those that were recorded on February 5, 2008.

In this overview there are 66 products which are compared. The cost of these products on the 5 February was 132,95 $US. Today's prices are exactly 4 $ US more expensive or 3,01%. On the basis that between then and now are 66 days, then this corresponds to 16,6 % increase on an annual basis.

More expensive were the aforementioned Orchid butter (+72%) and Wall's vanilla ice cream / Mama's noodles hot cup (both +25%). Others were peanut butter, rice, chocolate products, dairy products, soybean oil and sugar. Two products became cheaper, salsa sauce and margarine.

However, quite noticeable were that cheaper products / smaller helpings increased in price. If the price for each product on February 5 2008 is considered to be 1, then the increase corresponds to 5,3% or on an annual basis 29,4 %!

Back in February I commented on how the price rise on annual basis at Lucky's was higher than 25%; it was actually 27,01%. So since then inflation has continued to stay high and become even higher.

Compared to the start of price observation prices on a limited number of products at Lucky's (17), prices have increased by 17%, which is huge on annual basis. So don't postpone your new year shopping!

Inflationary prices @ Lucky's? The numbers

Product Specification 5 February 5 April
Tea bags Lipton, packet, 100 bags 3,95 3,95
Peanut Butter Healthland, local 440 gr 2,50 3,05
Peanut Butter Ligo, 340 gr 1,80 1,80
Jam Best Foods, orange, 280 gr 1,10 1,10
Jam Hero, Blackberry, jar, 340 gr 2,40 2,40
Hazelnut Cream
Nutella, jar, 375 gr, 5,25 5,25
Pretzels Pringles 1,45 1,45
Cashew nuts New Rain, 100 gr, salted 1,35 1,35
Raisins Ligo, carton, 312 gr. 1,30 1,30
Eggs 10 pieces 0,95 0,95
Butter Orchid, fresh, packet, 227 gr. 1,80 3,10
Magarine Flora original, 500gr 3,90 3,55
Fresh milk Dutch Mill, plastic bottle, 2 liter 3,80 4,05
UHT milk Foremost, 1 ltr 1,25 1,45
Yogurht Dutch Mill, small cup 0,50 0,60
Dishwashing liquid Sunlight, flacon, 900 gr 0,80 0,80
Green tea Oisho, platic bottle, 0,5 ltr 0,60 0,60
Green tea Zena, with lemon, 0,5 ltr 0,55 0,60
Cola Coca Cola, can 0,40 0,40
Soda Schweppes, bitter lemon, 0,33 ltr 0,60 0,60
Tang Orange flavour, pack, 750 gr 2,75 2,75
Fruit juice Ceres, various, 1 ltr. 1,45 1,45
Fruit juice Ligo, apple, 1 ltr 1,50 1,50
Fruit juice Berri, 2,4 ltr 2,90 2,90
Batteries Duracell, AAA, 4 pieces 1,80 1,80
Sugar cubes Hales, 500 gr 0,75 0,85
Sugar Mitr Pohl, 1 kg 0,55 0,60
Sugar Equal powder sachets, 50 x 2,40 2,40
Salt Prung Thip 1 kg 0,45 0,45
Sunflower Oil Sunbeam, flacon, 1 ltr 2,70 2,70
Vegetable oil Healthy Chef (soy) 0,75 ltr 1,35 1,60
Soy sauce Maggi, Sprinkling and dipping sauce, 200 ml 0,70 0,70
Mustard Clovis, 200 gr jar 2,15 2,15
Slasa suace Healthland, local, 215 gr jar 2,55 1,85
Coconut milk Chaokoh, tin, 160 ml 0,50 0,50
Tomato ketchup KK 320 gr 0,50 0,60
Cheese La vache qui rit, triangles, spreadable 1,80 2,00
Cheese Lemnos, feta 5,10 5,10
Cheese Devondale, light & tasty, 250 gr 4,20 4,20
Toilet paper Cellox, soft 0,90 0,90
Beer Imported, Heineken, can, 0,33 ltr 1,00 1,20
Diapers Huggies Dry, m22 4,70 5,10
Cornflakes Kellog's, packet 275 gr 2,75 2,75
Instant formula Similac 2, 400 gr 7,40 7,40
Instant formula Foremost 1, 400 gr 4,10 4,40
Toothpaste Colgate, 200 gr 0,95 1,00
Shampoo Sunsilk, 400 ml, 3,30 3,30
Soap Lux, 4x85 gr 1,05 1,05
Deoderant Rexona, 25 ml 1,00 1,00
Spaghetti Gallo, packet, 500 gr. 1,00 1,05
Pasta Barilla Fusulii 1,60 1,60
Instant noodles Mama cup, 60 gr, pork 0,40 0,50
Rice New Rain Organics, 1 kg 1,45 1,60
Ice Cream Walls Vanilla, 60 gr 0,40 0,50
Ice Cream Magnum Classic 1,40 1,50
Meat Spam can, lite 3,80 3,80
Meat Tuna chunks in vegetable oil, Roza, can 155 gr 0,80 0,85
Meat Sardines, Ligo, 425 gr, can 1,25 1,25
Choclate Mars, 60 gr 0,55 0,65
Chocolate M&M's, 55 gr 0,55 0,65
Chocolate Cadbury's raisins and nuts, 250 gr 3,80 3,90
Cookies Oreo, 150 gr 0,95 1,05
Wine Stump Jump, white, 2005 11,50 11,50
Insecticide Raid Multiinsect, 600 gr 2,25 2,25
Detergent Breeze Colour, 650 gr 1,15 1,15
Fabric softener Fineline, refill 0,60 0,60

Monday, April 7, 2008

Khmer New Year

It's Khmer New Year time of the year. Supermarkets are packed, staff are pissed off (at least at Lucky's) and there are spectacular prices to be had.

For instance butter, last week a packet of 227 gr was $1,90, yesterday an astonishing $3,10! Orchid (the packer in Thailand) used to be one of cheapest brands and is now by far the most expensive, at least $0,50 more expensive than other brands, even though there packets are slightly heavier.

How come? Who's profiting from this? And why doesn't the supermarket clearly indicate the change in price?


Who care's anyway?