Greece: Supermarket Prices Fall in July
Out of the 23 categories analyzed, 13 experienced price decreases while 10 saw increases.
Out of the 23 categories analyzed, 13 experienced price decreases while 10 saw increases.
Notably, substantial price reductions were noted in butter and eggs, decreasing by 7.50%.
Notably, substantial price reductions were noted in butter and eggs, decreasing by 7.50%
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
AB Vassilopoulos hopes its focus on its private label, addition of 2-3 company supermarkets and another 50 franchises will help it surpass LIDL
This year, market participants, evidently spurred by last year's outcome, largely predict stability, with 1 in 5 expecting growth exceeding 2%
Greek supermarkets owner will be constructing a Grand Masoutis and two nine-storey apartment buildings in Athens valued at 30 million euros.
The Greek Prime Minister stated that "the fight against rising prices is ongoing", during his visit to a supermarket in Athens earlier today
According to market sources those who adjusted their prices before Jan. 10, 2024, are considered the "lucky ones," as they will not be subjected to the three-month ban on promotions
The Initiative was due to end on December 31st 2023, but the Ministry of Development has decided to keep it in effect until June 31st, 2024
According to data from Circana (formerly IRI) for the ten-month period of January-October 2023, the largest sales volume increase was recorded in non-alcoholic beverages and snacks at +4.4%, and alcoholic beverages at +4.3%
In the first three quarters of 2023, the increase in turnover of online super markets was 15% and reached 220 million euros
The research was done by random sampling on a sample of 1,000 e-shoppers in online supermarkets
The household basket is in its 26th week of implementation
Online Channel Reaches New Level of Maturity – Opposing Trends for Turnover and Volume – What Consumers Want
Imported food and beverages over 8 billion euros per year
Inflationary increase in supermarket turnover in January – Which products show decreased consumption
The goal of the move - The changes coming to the household basket
The government is not considering a horizontal reduction of fuel taxes at this stage, the development minister said, among other things
The 2022 buyout rally in supermarkets will continue - The food sector is also on the "radar" of large investors
How in 15 years Sklavenitis "broke" the exclusivity of Attica and became the largest retailer in Greece with a presence in Cyprus as well
Minister of Development tweets on supermarket prices
The leading "players" of organized retail favor large stores - The conflicts in the northern sector of Attica
The sales of the 145 year-old supermarket stood at 53.23 million euros
Nikos Lavidas on the triple invstment, "perception", the rapid rise of e-sales, acquisitions and pressures on profits
Which products saw big price increases according to NielsenIQ - Consumers in angst
Διαχειριστής - Διευθυντής: Λευτέρης Θ. Χαραλαμπόπουλος
Διευθύντρια Σύνταξης: Αργυρώ Τσατσούλη
Ιδιοκτησία - Δικαιούχος domain name: ΟΝΕ DIGITAL SERVICES MONOΠΡΟΣΩΠΗ ΑΕ
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