As we all know, prices of everything have been rising sharply for some time now. I’m not sure where the government was getting their 10% inflation from because that is not what we have been seeing. From small increases in livefood to 100% increases in some seed products and of course a 600% increase in energy for commercial properties. All fuelled by post covid adjustments, war in Europe and around the world and of course good old corporate racketeeering (looking at you oil and gas producers). That’s why it came as a very pleasant surprise when we were informed by our supplier that Orijen is actually going down.
Following on from this we have noticed other prices starting to fall and other suppliers, such as our APL manufacturere promising no further increases in price this year. The price reductions we are seeing range from a couple of pence on smaller items to really quite large drops of several pounds on larger bags or bulk items. on Hopefully these are early signs of an end to the spiralling price increases we have seen over the last year or two.
As a retailer we have very little control over prices. Our suppliers tell us what the increase is and we see how much of that increase we can absorb before passing any residual onto our customers. As an example the last increase in our dog food to our customers was around £4 a 12 or 15kg bag but to us it was actually £8. So although we charged more, we made less. Such is life. With price reductions however we like to pass on the entire saving to our customers as soon as we can.
Orijen prices have already been put down and some other products, such as dried mealworms have also been reduced in store and on our website. As, hopefully more reductions come through, we will pass these straight on to our customers. We know that people notice (and certainly comment) when prices go up but don’t notice when they go down so forgive us if we point it out when it happens!
The Angell Pets Team
