Unjustified Inflation

Inflation is a nuisance and yet an opportunity for some. However, it is more of a devilish opportunity: inflation is caused by profiteering.

It is caused when companies or individuals increase prices for their own benefit instead of reflecting changes in supply and demand. One such case might be the Coop carrot salad.

Until last autumn it cost 2.80 CHF. Since the New Year, the same salad has cost CHF 2.95. That is a price increase of 5.3% and well above the general inflation rate of 3% here in Switzerland… Coop, can you explain that above?

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Husband, father, internet entrepreneur, founder, CEO, Squirro, Memonic, local.ch, Namics, rail aficionado, author, tbd...
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