Prices going up yet again at the company lunch counterPosted: February 7, 2012
Last year, my company raised prices 4-5% on food in its cafeterias. With the ink on those price hikes only 10 months old, my fellow employees and I are getting hit with another substantial price hike. The planned 4% hike is once again well ahead of the general (reported) rate of inflation.
To add insult to injury, the cafeteria will now be charging by the ounce for frozen yogurt. I am sure this is a “Dr. Duru” policy given I am guilty as charged for piling on the chocolate good stuff as high as I can.
The inflation accountants may be relieved to know that we have also received expanded meal service in recent months. Perhaps a hedonic adjustment evens everything right out…