Product prices in supermarkets posted a 0.72 percent drop on average in November 2024, in comparison with November 2023, according to a Consumer Goods Retail Research Institute (IELKA) survey, ANA reports.
This found an almost complete stabilization of prices in the first 11 months of 2024 – with an average increase of 0.05 percent compared to the same period in 2023.
According to the survey, November’s change was due to declines in both non-food and food categories, with only very specific categories showing an increase due to seasonal conditions, such as categories related to cocoa and coffee and specific fresh items due to climatic conditions.
The biggest price reductions were recorded in the categories: detergents and cleaning products (-9.66%), food and pet products (-6.81%), stationery, cosmetics and personal hygiene products (-6.16%), baby and children’s food (-4.86%), frozen goods (-4.86%).
The reductions recorded are the result, according to IELKA, of both the normalization of the market after the pandemic and the reduction in producer prices for certain products.
The biggest increases were recorded in the following categories: fresh fish and seafood (+6.38 percent), appetizers, alipasta and other served items (+5.90 percent), alcoholic beverages (+5.49 percent), cookies, chocolates, confectionery (+ 3.45 percent), waters, soft drinks, juices (+3.43 percent).
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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Ivy Main
