From the NY Post: A fresh wave of supermarket price hikes is expected to begin in January, raising prices anywhere from 2% to 20%
economics
Economic Warfare
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2 Comments
Big Ruckus D · December 29, 2021 at 2:10 pm
This goes well beyond the supermarket. I recently priced a water heater. 40 gallon nat gas, 40,000 BTU standard height. My out the door cost (as a plumber) for said heater was $435 in January of this year. The very same model water heater from the same supply house, right now today, will cost me $730. That’s a $300 increase in 11 months. And it is customary for manufacturers to implement a price increase on January 1 every year, so in a few days time, I expect it will be up again.
Best have some plate steel to insert inside the seat of your pants, and a tight grip on your wallet, because here it comes.
EN2 SS · December 30, 2021 at 9:26 pm
I replaced my 40 gal wh exactly two years ago, $450 plus tax at Lowe’s. Just checked after reading your post, $896 plus tax. Damn!
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