Shopping has become like a “hunt” for groceries and essential goods, including household chemicals. Consumers follow promotions, discounts and great offers in supermarkets in order to “gain” at least something and masterfully “make ends meet” by the end of the month. Everyone is looking for products at the best price. With energy prices still high, […]
Consumers of staples in supermarkets have faced price increases of as much as 30% since the outbreak of hostilities in Ukraine. In fact, the rise in prices is not limited to products directly related to the import of raw materials from Russia and Ukraine, such as flour and sunflower oil, but refers to a number […]
Seven in 10 Greek consumers cut back “much” and “enough” on their supermarket purchases and eight in 10 on clothing and footwear purchases in the first quarter of the year. This conclusion is based on a study conducted by Netrino. According to Stefanos Komninos, the company’s market analyst, “This is the first time we’ve seen […]
An increase in retail prices for products is inevitable, said Antonis Makris, president of the Association of Retailers (ΣΕΛΠΕ). “We live in a difficult situation. It does not depend on us,” he said. “If tomorrow morning food companies only need to equalize prices (rather than win, make a profit) because of the rising cost of […]
According to data compiled and published by the European Statistical Office Eurostat, in 2020 the category “housing, water, energy” spent more than a quarter of income, or 25.7% of EU household expenditures, which is 2.2 percentage points more than in 2019. … “Food and non-alcoholic drinks” and “Furniture and household appliances” also showed an increase […]
In November, prices increased by 4.8% compared to the corresponding month of 2020. Energy and basic necessities prices soared. The wave of inflation is taking on nightmarish proportions: from month to month, literally everything is getting more expensive. According to data from the Greek Statistical Office for November, the consumer price index rose 4.8% compared […]
A new study by ΙΕΛΚΑ (Greek Consumer Product Research Institute) has highlighted five dietary and consumer trends that will shape the direction of the supermarket and food industry in the coming years. The study was conducted from 5-11 November 2021 on a sample of 1000 consumers from all over Greece who answered questions regarding their […]
“Highest US inflation in three decades,” the Financial Times wrote on its front page today, recording the shock of a 6.2% price hike in October, the largest in 31 years. “This issue is a priority for Biden,” the message says. In turn, Reuters caused a wave of concern in Europe with the release of inflation […]
According to data released today by Statistics Greece ΕΛΣΤΑΤ, the industrial price index jumped 14.6% in April this year compared to the corresponding index in April 2020. It is noted that with a corresponding comparison of indicators of 2020 with 2019, there was a decrease of 13.9%. The general index in April 2021 compared to […]