Market executives are warning of a difficult autumn in terms of accuracy as the energy crisis shows no signs of abating and the margins for absorbing the increase in production and operating costs for businesses have now dried up.
Consumers will be asked to manage the new price increases they will face on the shelf at a time when the family budget is already being squeezed. The decrease in demand recorded during the first half of the year - with restrictions on the purchase of even basic products - is estimated to possibly continue with greater intensity in the coming period.
September is a month of food price hikes
New increases are expected in basic food products as "testified" by the price lists from the suppliers received by the supermarket chains.
"September is traditionally the month when many increases in the food industry, pass from the "field to the shelf" and from there to our table. The July-August revaluations in production are expected to be on the store shelves in September and in relation to the stocks they have in their warehouses," notes the president of the EBEP, Vassilis Korkidis.
On the shelves, it is estimated that there will be increased prices for over 500 consumer products, such as food, while the price increases concern at least 40 categories, with the average increase amounting to 10% to 15%.
At the same time, the increase in the prices of imported food reaches 15% as executives of multinational food giants had already warned of upcoming increases. On the other hand, there has recently been a decline in wholesale prices for fruit and vegetables.
The biggest increases:
And while even in the summer they had registered price increases in a series of products on the supermarket shelves, new increases are expected from September. Specifically, according to information from the market in:
margarines +20%,
dairy +12%,
canned goods +15%,
charcuterie +10%,
confectionery cookies +20%,
ice creams +5%
cosmetics +25%,
care products +18%
detergents +15%
It is noted that based on the Consumer Price Index for July, an increase in prices has already been recorded within a year by 27.3% in oils and fats, 16.7% in meat and cereals, 16.4% in eggs and dairy products, 13.4% in vegetables, 11.4% in sugar, coffee and tea, 9.3% in chocolates and 5.3% in fish.
