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paid_influencer wrote:Sabga calling $6 for a handful of potato chips ("Ripples"). I cannot for the life of me understand why that so expensive. that is more than a doubles.
He identified some items where prices went up.
"One of the best chocolate drinks in the country and the world today went up last Monday by 44 per cent. That is the worst I have seen in my history. It is bad. It is frightening."
He provided a list of the items which increased in cost recently.
*A case of 12 (300 gram) packets of the chocolate drink which cost $314 has now jumped to $452.
*A bale of 2 kg rice rose from $186 to $210.
*A case of 950 ml mayonnaise increased from $239.50 to $331.25
*A case of 900 grams of laundry detergent went from $229.83 to $321.98
Maharaj said locally manufactured goods also climbed by 31 per cent.
'Decent people shoplifting'
Maharaj said in some instances importers are receiving expired goods or goods close to their expiration date because of the length of time it takes to get here.
"Suppliers are losing money. That is one of the causes of the increase in price because of the short shelf life."
The businessman said last Divali an order was placed for ten containers of ghee.
"We got one container the day before Divali. We ordered the same thing for this Divali. We got one container so far. Right now ghee is short."
He said once demand outstrips supply the price would skyrocket.
As a result of the rising costs, Maharaj said shoplifting has increased from one to seven per cent at his business place.
"I am talking about decent people shoplifting because they have no alternative. We had to hire additional security."
In the coming days, Maharaj said he intends to restructure his supermarket to the needs of his customers.
"People just cannot afford the exotic items and the high-end products right now. So we are restructuring. By the next month, we will have more than 1,000 items reduced to help citizens soften the impact."
CEO of Arima Discount Mart Import and Export Distributors Balliram Maharaj said he had documented evidence that food prices had skyrocketed from 15 to almost 150 per cent between the period 2020 and 2022.
Among the items were cooking oil, corned beef, lentils, peas and carrots, split peas, lamb shoulder, dry pigeon peas, beef clods and mackerel.
He compared the price of a case of 500 ml of cooking oil which was $115 in 2020. It now costs $234.83
"Over the last 30 months, it was the worst I have ever seen in food prices during my 65 years of business," Maharaj told the Sunday Guardian on Wednesday at his Arima office.
In previous years, he said food prices would have increased by five per cent.
"Now it is 125, 150 and 200 per cent in some cases."
The mark difference in prices has pushed customers to be more selective in what they buy.
Maharaj said before the budget he had recommended to the Government strategies and tactics to mitigate rising food inflation which was ignored.
The 81-year-old businessman suggested lowering taxes on basic and essential food items to ease the burden and pressures on lower and middle-income earners.
He pointed out that one pound of local chicken "leg and thigh" is $18. However, if the Government temporarily removes taxes associated with imported "leg and thigh" consumers can pay around $5.20 a pound. He said CIF (cost, insurance and freight) amounts to US$0.45 for each pound of imported leg and thigh.
Maharaj said the Government could also consider imposing a 60-per-cent duty on imported french fries.
"The revenues obtained from these taxes can be used to fund local agribusiness to increase food security. The annual value of importing potato fries amounts to $1 billion."
The businessman said the importation of black-eyed peas and red beans outside Caricom automatically attracts 40 per cent taxes.
While he remains committed to Caricom, Maharaj said the existing trade agreements need to be reviewed and revised, in light of the pandemic and ongoing conflict between Russia and Ukraine.
"We are heading down a slippery slope. We are not far from Haiti. It's worrying."
Haiti has one of the highest levels of food insecurity in the world.
He expressed concern that T&T was not moving towards food security.
Maharaj predicted that certain foods would go scarce as some countries have been hoarding their supplies for self-sufficiency.
Where did you get that headline? Because percentages are wrong. It's not even the headline of the story.hover11 wrote:BETWEEN 2020 AND 2022, FOOD PRICES HAVE INCREASED BY ALMOST 150%. CONSUMERS ARE BEING WARNED OF A FURTHER INCREASE DUE TO FUEL PRICES.
Before the 2023 Budget presentation on Monday, the cost of some food items in supermarkets had already increased between 2.5 to 44 per cent, placing an even heavier financial burden on customers who are struggling to make ends meet. Consumers now have to brace for further price increases as a result of the hike in fuel prices. And while this has left consumers in a tailspin, one importer/exporter of goods has identified another predicament–a looming food shortage.
CEO of Maharaj Westside Supermarket Kumar Maharaj said last week that the price of dozens of grocery items had increased, and he described it as "the worst" he had seen at his Arima establishment in decades. The businessman described the situation as frightening. "Up to last week and the week before we have seen a lot of price increases. I am almost certain that 50 per cent of the items in the grocery went up," Maharaj added.
Prices of items have been escalating globally following the COVID-19 pandemic which triggered shortages of products coupled with hefty freight costs as ports around the world were forced to shut down or slow down operations. They have recently started seeing freight charges go down gradually, but food prices have been soaring globally as a result of higher fertiliser costs and record-high fuel prices.
The situation has been further exacerbated by the ongoing war between Russia and Ukraine. Maharaj also identified delays in getting raw materials and labour shortages.
The businessman said last Divali an order was placed for ten containers of ghee.
"We got one container the day before Divali. We ordered the same thing for this Divali. We got one container so far. Right now ghee is short."
https://guardian.co.tt/news/consumers-m ... b80f148b80
pugboy wrote:you ain’t realize them lil boneless hams they selling are made by squeezing together a bunch of little pieces of leftovers together in the oval shape ?
also the outside is treated to recreate a “skin”shaha87 wrote:
What is this meat glue you speak of Pugboy?
actually readily available locally, from liquid smoke to sodium nitrate and everything in between. 
adnj wrote:Where did you get that headline? Because percentages are wrong. It's not even the headline of the story.hover11 wrote:BETWEEN 2020 AND 2022, FOOD PRICES HAVE INCREASED BY ALMOST 150%. CONSUMERS ARE BEING WARNED OF A FURTHER INCREASE DUE TO FUEL PRICES.
Before the 2023 Budget presentation on Monday, the cost of some food items in supermarkets had already increased between 2.5 to 44 per cent, placing an even heavier financial burden on customers who are struggling to make ends meet. Consumers now have to brace for further price increases as a result of the hike in fuel prices. And while this has left consumers in a tailspin, one importer/exporter of goods has identified another predicament–a looming food shortage.
CEO of Maharaj Westside Supermarket Kumar Maharaj said last week that the price of dozens of grocery items had increased, and he described it as "the worst" he had seen at his Arima establishment in decades. The businessman described the situation as frightening. "Up to last week and the week before we have seen a lot of price increases. I am almost certain that 50 per cent of the items in the grocery went up," Maharaj added.
Prices of items have been escalating globally following the COVID-19 pandemic which triggered shortages of products coupled with hefty freight costs as ports around the world were forced to shut down or slow down operations. They have recently started seeing freight charges go down gradually, but food prices have been soaring globally as a result of higher fertiliser costs and record-high fuel prices.
The situation has been further exacerbated by the ongoing war between Russia and Ukraine. Maharaj also identified delays in getting raw materials and labour shortages.
The businessman said last Divali an order was placed for ten containers of ghee.
"We got one container the day before Divali. We ordered the same thing for this Divali. We got one container so far. Right now ghee is short."
https://guardian.co.tt/news/consumers-m ... b80f148b80
He doesn't read to understand he reads to reply.The_Honourable wrote:adnj wrote:Where did you get that headline? Because percentages are wrong. It's not even the headline of the story.hover11 wrote:BETWEEN 2020 AND 2022, FOOD PRICES HAVE INCREASED BY ALMOST 150%. CONSUMERS ARE BEING WARNED OF A FURTHER INCREASE DUE TO FUEL PRICES.
Before the 2023 Budget presentation on Monday, the cost of some food items in supermarkets had already increased between 2.5 to 44 per cent, placing an even heavier financial burden on customers who are struggling to make ends meet. Consumers now have to brace for further price increases as a result of the hike in fuel prices. And while this has left consumers in a tailspin, one importer/exporter of goods has identified another predicament–a looming food shortage.
CEO of Maharaj Westside Supermarket Kumar Maharaj said last week that the price of dozens of grocery items had increased, and he described it as "the worst" he had seen at his Arima establishment in decades. The businessman described the situation as frightening. "Up to last week and the week before we have seen a lot of price increases. I am almost certain that 50 per cent of the items in the grocery went up," Maharaj added.
Prices of items have been escalating globally following the COVID-19 pandemic which triggered shortages of products coupled with hefty freight costs as ports around the world were forced to shut down or slow down operations. They have recently started seeing freight charges go down gradually, but food prices have been soaring globally as a result of higher fertiliser costs and record-high fuel prices.
The situation has been further exacerbated by the ongoing war between Russia and Ukraine. Maharaj also identified delays in getting raw materials and labour shortages.
The businessman said last Divali an order was placed for ten containers of ghee.
"We got one container the day before Divali. We ordered the same thing for this Divali. We got one container so far. Right now ghee is short."
https://guardian.co.tt/news/consumers-m ... b80f148b80
lol@adnj
Both of hoover's points are in the article. About the percentages, he's quoting in the article the CEO of Arima Discount Mart Import and Export Distributors Balliram Maharaj.
hover11 wrote:He doesn't read to understand he reads to reply.The_Honourable wrote:adnj wrote:Where did you get that headline? Because percentages are wrong. It's not even the headline of the story.hover11 wrote:BETWEEN 2020 AND 2022, FOOD PRICES HAVE INCREASED BY ALMOST 150%. CONSUMERS ARE BEING WARNED OF A FURTHER INCREASE DUE TO FUEL PRICES.
https://guardian.co.tt/news/consumers-m ... b80f148b80
lol@adnj
Both of hoover's points are in the article. About the percentages, he's quoting in the article the CEO of Arima Discount Mart Import and Export Distributors Balliram Maharaj.
adnj wrote:hover11 wrote:He doesn't read to understand he reads to reply.The_Honourable wrote:adnj wrote:Where did you get that headline? Because percentages are wrong. It's not even the headline of the story.hover11 wrote:BETWEEN 2020 AND 2022, FOOD PRICES HAVE INCREASED BY ALMOST 150%. CONSUMERS ARE BEING WARNED OF A FURTHER INCREASE DUE TO FUEL PRICES.
https://guardian.co.tt/news/consumers-m ... b80f148b80
lol@adnj
Both of hoover's points are in the article. About the percentages, he's quoting in the article the CEO of Arima Discount Mart Import and Export Distributors Balliram Maharaj.
What was actually written:
"CEO of Arima Discount Mart Import and Export Distributors Balliram Maharaj said he had documented evidence that food prices had skyrocketed from 15 to almost 150 per cent between the period 2020 and 2022."
I recognize and understand misrepresentation and stupidshitt when you two post it.
Redress10 wrote:paid_influencer wrote:Sabga calling $6 for a handful of potato chips ("Ripples"). I cannot for the life of me understand why that so expensive. that is more than a doubles.
Sunshine Snacks is a part of Associated Brands which is owned by Lok Jack if I'm not mistaken.
Rovin wrote:like rowdy & d poo nm have everybody on edge at each others throat
now back to our regular posts : so since d blueband post yesterday how many of u here use BB or what "butter' yall does often use ?
never really cared for BB or flora so for yrsss i used "i cant believe its not butter" but since d past 2yrs or so price kept going i hadda switch to something more economical like country house or sunflower , d garlic flavor is good ... i know some of u like ur $60 kerrygold
redmanjp wrote:Redress10 wrote:paid_influencer wrote:Sabga calling $6 for a handful of potato chips ("Ripples"). I cannot for the life of me understand why that so expensive. that is more than a doubles.
Sunshine Snacks is a part of Associated Brands which is owned by Lok Jack if I'm not mistaken.
at least they have been having a months long sale on cashew nuts 3 in 1 special - i think it was $5 for 1 small pack
shake d livin wake d dead wrote:What is another butter brand that tastes just as good as the kerrygold?
paid_influencer wrote:margarine get a bad name because it supposedly have transfats and that goh kill yuh
paid_influencer wrote:margarine get a bad name because it supposedly have transfats and that goh kill yuh
