Prices continue to rise in domestic hypermarkets

Shoppers and traders are increasingly adapting to the epidemic, while prices continue to rise in domestic hypermarkets – albeit at a slightly slower pace than a month ago. There is still no shortage of food, at most a narrower selection – but a few shelves away we found a product that was bought everywhere by families languishing under the restrictions.

In recent days, the CSO has published statistics on retail sales in March, which revealed the amount of panic purchases in store sales before the exit restriction: the sales volume of grocery stores increased by 15% compared to March of the previous year. At the end of this process, the previous survey of Privátbankár.hu’s Basket Survey, published on 7 April, showed an unprecedented annual price increase of more than 9 percent in Hungarian hypermarkets.

The CSO will publish its latest inflation data for March on Friday, which will be comparable with the data of our previous Basket Survey. Thanks to the different methodology, we can now look even further ahead and show how food prices developed in domestic hypermarkets by early May.