German food discounts are getting more expensive
Prices at discount German supermarkets Aldi and Lidl have risen quicker than those at their more expensive competitors, a consumer watchdog study revealed on Thursday.
Customers shopping at the country's cheaper supermarkets in August paid four percent more for their items than at the same point the year before, while at what market research group GfK considered “normal supermarkets”, prices went up by 1.6 percent.
There are, the GfK said, a number of reasons for this. One of them being that cheaper stores have over the past year increased their range of organic and regionally sources products, which, on the whole are more expensive and thus push up price averages.
GfK trade expert Robert Kecskes said that a noticeable monthly increase in prices had been happening since March this year. They have also been increasing faster than inflation which stands at around 1.5 percent.
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >