Has anybody noticed fairly big increases in supermarket prices over the last 18 months or so including the German stores.
Really, what is your source for that?
Well presumably they use McVities biscuits rather than "Tower gate" biscuits in their "basket of goods" as McVities is a brand sold in nearly all stores whereas "Tower gate" only in Lidl thats if they have biscuits at all. The granular detail of what exactly the CSO include in their index is stangely opaque. Maybe you can enlighten us as you are a CSO employee I think.
Also, are they actually going to the shops & buying a pack of Tower gate biscuits, or looking at the (unchanged) price tag on the empty shelf and instead buying McVities.
One thing I would say; I don't know if it's just an Irish thing but I'm tired of friends complaining about the price of something (particularly alcohol) having already bought it. If you've bought it at that price then that's what they're going to charge! Shopping around also means not buying; that's a real message for the seller!
Thats the thing nobody knows what exactly they incude in their "basket of goods" they used to be alot more open about this years ago. I think inflation statistics are actually a very tightly controlled and probably manipulated statistic throughout the eurozone. It is in everybody's interests to understate it as much as possible thereby maintaining negative interest rates (because there is no inflation) and allowing governments to borrow as much as possible at those negative rates. It also controls the pesky unions looking for more pay rises because of rising prices, because there is no inflation, right.