A 28% increase in value was registered within the last 18 years, that is from 2007 to 2024, the fast-moving consumer goods (FMCG) basket in supermarkets, when the average equivalent disposable income in real prices was at Greece in 2023 lower by 28.38% compared to that of 2010 (Eurostat data)! However, this paradox does not … Read more
Table of Contents 1 The loudest 2 No borrowing 3 New factory 4 Huge industry investment in research and development 5 **What specific policy changes or government initiatives are contributing to the surge in investment within the Greek food and beverage sector, and how are these changes fostering a favorable environment for both domestic and … Read more
After the positive sign of the first half of the year for supermarkets, the turnover of the organized food retail trade also appears to have increased by 3.8% in the first nine months of 2024, compared to the corresponding period last year, according to the latest research by NielsenIQ, which shows the data until September … Read more
In about ten days, the new signs indicating the consumer products that have joined the price reduction initiative will be placed on the shelves of all supermarkets. As the general manager of the Union of Supermarkets of Greece, Apostolos Petalas, said to APE-MPE, the marking is a process that requires time as it concerns 4200 … Read more
The list of product codes that have been included in the price reduction initiative so far has been updated and completed. According to an announcement by the Ministry of Development, the updated list includes 362 product codes that have, until now, been included in the supermarket price reduction initiative and the reductions range from 5% … Read more
Takis Theodorikakos may state – at every opportunity – that he is the Minister of Development, not of precision, stressing – also at every opportunity – that investments will bring well-paid jobs and an increase in incomes, yet 7 out of 10 citizens (percentage 68%) still to believe things are going in the wrong direction, … Read more
Loyal… to branded products and not to private label Greek consumers remain, despite high inflation gnawing away at a significant portion of their income. At least this is what emerges from various evidence and reports that see the light of day, which shows the resistance of brands to the “attacks” of cheap anonymous products that … Read more
Price cuts on key consumer products have begun on supermarket shelves in a bid to tackle the austerity plaguing households. The price reduction initiative concerns an invitation by the political leadership of the Ministry of Development and Investments, Mr. Takis Theodorikakos, to all suppliers of food and branded consumer products as well as organized retail … Read more
The accuracy, unaffordable for many households, and the cost of living occupied the research of Metron Analysis presented by Stratos Fanaras and Yiannis Balapanidis at the day of the Alexis Tsipras Institute on Tuesday afternoon (22/10). The sample involved 1,007 respondents over the age of 17 and 75% of them expressed the opinion that the … Read more
The implementation of price reductions in basic consumer products on supermarket shelves has begun, as announced by the Greek Supermarket Association The price reduction initiative concerns an invitation by the political leadership of the Ministry of Development and Investments, Mr. Takis Theodorikakos, to all suppliers of food and branded consumer products as well as organized … Read more