Confectioners everywhere are on the brink of despair as cocoa prices have now skyrocketed. And this is because there is the largest cocoa supply deficit in recent decades, with farmers in West Africa to fight against bad weather conditions and diseases of their trees. More than doubling the cost Cocoa futures for May delivery soared … Read more
The fragile “peace” that prevails between suppliers and supermarkets threatens to be blown up by the government’s measures for precision with the prospect of extending the mandatory “haircut” of 30% of benefits-discounts to the food category as well, while representatives of the market express strong skepticism and dissatisfaction with the size and time depth of … Read more
“The Lenten Basket starts tomorrow and will be valid until May 4th, that is Holy Saturday, for those who wish to buy these products. That is, beyond the species that already includes the Household basket which are fasting, such as legumes, rice, pasta and frozen vegetables, halva, frozen seafood and fasting salads are added. This … Read more
Inflation stood at 2.9% in February compared to 3.1% in January, adding to the government’s concern about the new dynamics of price appreciation that is developing, as reported by ot.gr. Consumers in Greece are feeling even more financially stressed as despite the small deceleration in inflation compared to January is estimated, food prices remain high. … Read more
A fine of 742,000 euros was imposed on the company “Ainos”, as it obtained a higher gross profit margin than what is stipulated by the relevant legislation. In particular, according to a relevant announcement, by decision of the Minister of Development, Kostas Skrekas, a fine of 742,000 euros is imposed on the frozen vegetable company … Read more
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As of today, the “Screka measures” against punctuality are applied. Employees tasked with stocking shelves and changing price tags had a heavy workload. The government’s four new weapons in the battle against accuracy -30% reduction in supplier discounts to supermarkets -Prohibition of offers on products that have been repriced in the last quarter -Net invoices … Read more
Field-to-shelf olive oil prices remain high, with the European market navigating uncharted waters and analysts still unable to determine when the de-escalation will begin. Indicative of the situation is that the biggest price increases are recorded in three of the leading olive oil producers in the European Union, with our country in second place. Also, … Read more
Chocolates I don’t know if today the Minister of Development will be giving chocolates to the … cabinet – not of course for his celebration, it’s still late – but surely there will be plenty of smiles! The price lists The reason is simple. He is going to present, among other things, the first results … Read more
With Thursday’s cabinet meeting and the measures that are expected to be presented to deal with the illegal Greekization of agricultural products and the interventions to deal with profiteering, Kyriakos Mitsotakis is attempting a turn to the cutting edge issues of everyday life, with the big bet remaining their effectiveness. The main challenge for the … Read more