Sunday, 2 July 2023

Inflation and food, Poland

This time last year, aghast the effect on inflation  on food prices, I began keeping tabs on how much money I was spending to eat. And so, I have kept every receipt for everything I've eaten and drunk over the past 12 months (excluding entertainment, dining out etc, but including food bought for myself while in town or on business trips away from home). 

So here's the bottom line. From 1 July 2022 to 30 June 2023, I have spent 13,125zł (£2,542) in total in supermarkets, shops, cafes and restaurants. This works out at just under 36zł (£7) a day across the year; here's the shocker - last July, I was spending just 25zł (£4.85) a day.

This is a huge rise. It's almost 50% more. But there's nuance to the story, so I shall be returning to the question of rising food price again on this blog until they stabilise.

Seasonality is an important factor. Strawberries, for example, are greatly cheaper in season, with the lowest prices in mid-to-late June. And Christmas feasting - at this cold, dark and dismal time of year we naturally feel the need to eat more, and the shops just happen offer a wider range of premium products as festive fare. We don't hesitate to splash out.

It's important to compare prices of the same products, and to do so at the same time of year. Seasonality has a huge effect on supply and demand. 

Here's the first batch of staples that I could compare precisely, like for like. Note that inflation on domestic products is lower than on those imported from within the EU; we know that Spain is suffering a terrible drought, which explains the 59% rise in prices of olives.

Taking just this small selection of items that often appear in my basket, average inflation across the four works out at 17.1% year-on-year. They cost me 27.46zł a year ago; yesterday, they cost 32.16zł. I will be boring you no doubt with more year-on-year price comparisons, but I intend to do so until Poland's parliamentary elections later this year - just to put whatever the politicians will be saying into the context of my own shopping experience.

Food price increases

26 June 2022 1 July 2023 Inflation y/y%
Cottage cheese, 500g
(Serek wiejski, Piątnica, Poland)
6.99zł 7.79zł

11.4%

Olives, pitted 240g 
(O! - supermarket own-brand, Spain)
3.89zł 6.19zł

59.1%

Gherkins in brine, 400g
(Multi-smak, Poland)
6.59zł 6.99zł

6.1%

Arla Apetina Feta in garlic & parsley
brine, 200g (Denmark)
9.99zł 11.19zł
12.0%
Arla Castello Danish Blue Cheese, 
100g (Denmark)
7.65zł 8.05zł

5.2%

Polgreen red lentils, 500g (Poland) 5.19zł 6.69zł

28.9%

TOTAL 40.30zł 46.90zł

16.4%



This contrasts with the 11.5% inflation announced on Friday by Statistics Poland (GUS); the CPI Index for the year to June. I will be back with more receipt breakdowns before long.

This time last year:

This time four years ago:
Classic Volgas, Ealing and Ursynów

This time five years ago:
Memory and Me

This time seven years ago:
Sticks, carrots and nudge - a proposal

This time eight years ago:
London vs. Warsaw pt 2: the demographic aspects

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