The Boy Scouts were in the news again with their recent decision to let girls become
Tag / Girl Scouts
Inflation Alert: Girl Scout Cookies
Inflation is more often associated with the price of a product going up. But inflation is also measured by a product being produced in a smaller size but staying the same on price. Girl Scout cookies fall into both of those categories.
First, lets look at the price of buying Girl Scout cookies. The 2015 price per box according to the Girl Scout website is now $5. In 2009 the price of a box was $3.50 and faced the other side of inflation, downsizing the product. The website popsugar.com noted the downsize:
According to the organization, the cost of flour rose by 30 percent, assorted cooking oils by 40 percent, and cocoa by at least 20 percent. The company felt this was the best method of dealing with increasing raw material prices. Alternatively, Girl Scouts could have used cheaper ingredients, or raised cookie prices from their current price of $3.50 per box.
Second downsizing of the product happened in 2011 as noted by OCWEEKLY blogs:
The Girl Scouts announced earlier this week that both the size and quantity of some remaining flavors will also dwindle slightly–as of now, only the Lemon Chalet Cremes are reducing in size, while the downsized quantities include Thin Mints, Peanut Butter Sandwiches, Shortbread Cookies, DoSiDos and Trefoils (up to four fewer cookies per box).
The reasons behind these changes? A rise in both transportation and baking costs. As a result, the agreed-upon course of action was to “lower the net weight of our cookie boxes slightly rather than ask our customers to pay a higher per-package price during these difficult times,” Girl Scouts spokesperson Michelle Tompkins told CNN.
Girl Scout cookies are shrinking in product serving and have spiked in price by almost 45%.