Supermarket: A new barrage of food price increases is coming

The General Index in the month of May 2021, compared to the April 2021 Index, showed an increase of 1.4%, compared to an increase of 5.9%.

Harbinger of news increases, which will be passed on to the market, show the figures for the Industry, as there is an increase in import prices which follows the rise in raw material prices.

Specifically, the General Import Price Index for Industry showed an increase of 22.8% in May 2021, compared to the corresponding index for May 2020, compared to a decrease of 15.1% recorded when comparing the corresponding indices for 2020 and 2019.

The General Index in the month of May 2021, compared to the April 2021 Index, showed an increase of 1.4%, compared to an increase of 5.9% recorded in the corresponding comparison of the indicators of the year 2020.

The average General Index for the twelve months of June 2020 - May 2021, compared to the average General Index for the twelve months of June 2019 - May 2020, showed a decrease of 1.1%, compared to a decrease of 3% in the previous twelve months.

It is certain that in the coming period the above development will lead to a wave of price increases, which will also apply to foodstuffs. Besides, there is already a wave of price increases, which is expected to swell in the next few months.

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