Accuracy:Daily revaluations in key products

”The household basket is not enough” - What market people tell libre

The accuracy of supermarket shelves remains the big problem for the majority of households, with the latest data showing further increases in the prices of basic goods.The rally of price increases in basic consumer goods shows no sign of abating. According to the latest ELSTAT data, core inflation may have fallen to 2.8%, but at the same time food inflation continues on an upward trajectory, remaining at a double-digit rate of 11.6%.

By Nikos Nanouris

According to the latest data from the Hellenic Statistical Authority, on an annual basis the biggest price increases observed on supermarket shelves were for dairy products and eggs 18%, 15.8% for oils and fats, 11.9% for meat, 11.1% for bread, 13.2% for coffee, 10.3% for sugar, chocolates and sweets, 12.9% for mineral water, soft drinks and juices and 14.2% for other foodstuffs.

The thorn in the side of the supermarket shelf is added to the canvas of the increased cost of living, creating an explosive mix for the average household.

At the same time, the market people express concern and concern about the onslaught of the price increase that does not show any signs of a substantial decline.

The president of EKPOIZO (Consumers' Union), speaking to libre, admits that price increases continue, albeit at a slower pace, in basic consumer goods. Panagiota Kalapotharakou explains that the increases on the shelf are reflected every month in basic categories such as flour dairy products and rice, soft drinks, ice cream, fresh fruit, cereals and detergents.

He also points to a survey by the General Secretariat for Economic Research and Development, which states that the consumer's income is sufficient for the first 18 days of the month, while citing Eurostat data showing that 22.3 % of Greeks are facing poverty.

According to many people in the market, the lack of control mechanisms exacerbates the problem of increases, with many consumers complaining of obscenity.

”If there were controls on the market to crack down on obscenity, of course there would be a balance,” says the president of EKPIZO.

”The elections are over and the revaluations are continuing at a rapid pace, says the president of I.N.KA George Lechouritis in libre.

Mr Lechouritis says that the rally of increases will be extended in the next period, due to the end of subsidies and electricity, which will burden businesses and will then affect the consumer's pocket.

The president of INKA, stands also on the phenomenon of obscenity, which he attributes to the absence of control mechanisms. As he says, ”observed on the shelf, offers are more expensive than individual products”.

«The household basket did not help»

Mrs Kalapotharakou referred to the limited help offered to consumers by the household basket. The specific measure which, as announced by the new leadership of the Ministry of Development will continue in the coming period, has not helped to contain prices according to the president of EKPIZO. She points out that consumers are looking for more offers and private label products. Research by EKPIZO shows that 1/2 has never bought from a household basket. ”Hundreds of households do not see a way out in short-term and subsidy policies,” concludes Kalapotharakou.

In the same vein, the president of INKA, pointing out the wrong direction of the household basket as he says ”served temporarily, private label products”.

In contrast to Mrs.Kalapotharakou who stands on the need to reduce VAT on basic goods, Mr.Lechouritis believes that such a reduction ”cannot be implemented in Greece because there are no control mechanisms that can control and freeze prices.”

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