The Minister of Development’s meeting with representatives of the commercial world on Wednesday 5 October resulted in an important agreement aimed at keeping the prices of basic products in supermarkets under control.
The Ministry of Development and representatives of supermarket chains yesterday agreed on a “moderate” increase in prices for essential goods. At the same time, data on how the “consumer basket” looks like will be posted on a special website, in particular, on e-katanalotis.
In particular each supermarket chain will create its own “consumer basket”, which will include 50 products from 20 main categories that will be different from each chain, and their prices will be posted for comparison by consumers.
It is noted that supermarkets will raise prices for these goods, but at a rate below industry inflation. According to the information, the “consumer basket” will include products such as:
- coffee and sugar
Every supermarket chain will present in October the main 50 different products necessary for family life. This “consumer basket” will be fought to keep prices as low as possible,” Adonis Georgiadis said.