Believe It or Not, Supermarket ‘Price Gouging’ Is Not to Blame for Your High Grocery Bill

If ‘price gouging’ were driving inflation, then you would expect the increase in food and groceries to be greater than the rate of inflation—but it’s not.

A Woolworths truck is parked outside a Coles supermarket in Melbourne, Australia, on May 25, 2015. Quinn Rooney/Getty Images

Commentary

If you go down to your local Coles or Woollies, you’re likely to find goat on the menu. That is, goat spelled “scapegoat.”