food prices

hello savypat, In my opinion, it is not just the drop down of gas that would solely affect the prices of foods but also the currency of a country compared to dollar. In Philippines, the gas price decrease by some pesos but our currency relative to dollar is very low that is why still the products does not go down. And other possible reason why as of now, is because Christmas is coming. Although there are lots of promos that happens during Christmas, but you will also notice that the prices of food, just like fruits and those used in making salads and other dessert food goes expensive when Christmas is approaching. 2 months ago, my mother told me, we are going to buy in advance the ingredients for macaroni salad because the price will rise up when Christmas is coming. And through it is, when I shop the other day, I notice that the price of fruit cocktail I bought for 138 pesos goes up to 160 pesos. Candies goes up too, I used to buy a bag of candy for 24 pesos and now it is already 27. How could price rise up when gas price is going down. Well I have already notice that every year, when Christmas is coming expect prices that are easily sold on Christmas will go up. I think if there will be rollback of prices of food products that will happen after Christmas.

I'm surprised that food prices haven't come down yet either. Around here gas prices have dropped down pretty well. Hopefully the food prices will follow soon.

i also do think so. the prices of commodities here started rising when the fuel cost rose but now that fuel cost has gone done big time, i still don't see prices of goods going down.. except for some veggies and meat on the wet market though.

My husband and I were just talking about that this afternoon - I am really not seeing drops in the food costs. I do know milk prices have gone down though...

Someone on TV said that grocery stores always wait about 6 months before they will drop prices.

I don' think that prices are going to decrease that much as it is just not all about gas but the devaluation of the dollar. In my country it now takes 77 dollars of our currency to purchase US$1. Our food prices are sky rocketting and it is making us all nervous. The whole world's monetary system is in a mess and most of the world is suffering. We can only do the best we can with what we have. I do hope that the cost of food will frop in yyour country though. The best of luck my friend

That and the fact that gas price have cut in half! It just takes time for it to trickle down. I am not sure our groceries will go down that much though.

Hi frnds, Now the food prices were highly reached the price rates.Not only the food price but in every thing in the price were increased more in the market. When we gone to shopping for supermarket this two days ago the food prices were so highly cost price and increased the price.In every month is increasing the food price little bit in the market. The problem will be poor peoples,retirement peoples were can not effort to put high food price rates.

As the global economic crisis, high unemployment and unretairment appears. The reduce of income cause some social problems. But it is really strange that the price of house and other consumptions did't make any cost down. How can we keep our life as normal?