Wednesday 12 October 2022

9-285 (12/10/22) -- How much?!?

It has been a wonderful sunny fall day again. I enjoy seeing the sun shining through red and orange leaves and the daily changes to the colour changes. Warmer temperatures arrived today, though once the sun was setting, the air temperature dropped noticeably. My day involved getting ready for a necessary planning meeting. I think things are in order as of later this afternoon. <smile>  The next appointment of the afternoon took me to the annual meeting with my MD. Nothing major there, just a list of small complaints -- the cost of getting older perhaps <grin>. 

When all the meetings ended, I took some time to get groceries at two stores since empty shelves are still common between the two, but for different products. All but two or three items on the list came home with me. The others simply could not be found anywhere. I am not getting extravagant things, but replacing a number of condiments boosts the bill total considerably. I've noticed the increase in shelf prices over the past several months. Along with this I've seen a reduction in package size. For example, one cosmetic cream used to be $11.95 for 120 mL and current prices are $13.95 for 71 mL!! Bizarre. Companies often slightly reduce package size and keep cost the same, but with inflationary costs of production, both have occurred in several commodity groups. Basic ingredient costs have increased that have led to increases outside the grocery stores, such as in bakery and restaurant prices. In a conversation today, how much such increases may reduce as the economy improves. In the past, we've experienced a slight cost reduction, but much of the increase is maintained over time. There is a lag as different sectors improve, so there is no instant drop in prices everywhere. Being patient isn't easy in such situations -- not that there is a choice. Waiting is necessary. 

A song from many decades ago speaks to the need for patience and notes that such situations also may require a degree of courage. This version of the song has a jazz vibe to it. Keep safe. Enjoy!

Patience and Fortitude -- The Manhattan Brothers



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