The discussion about the so-called grab inflation has now also reached the United Kingdom. Critics accuse large supermarkets of raising prices for their own profit. But the grandgrotters deny that.
“There’s absolutely no question of that,” says Sainsbury’s chief executive Simon Roberts, the UK’s second largest supermarket. BBC News. “The supermarkets have done everything they can to keep prices as low as possible and thus fight inflation. We have not passed on the high costs to the customer.”
The British competition watchdog has announced an investigation into price increases in supermarkets. Several politicians have called for action against the high prices.
Life in the United Kingdom was 8.7 percent more expensive in April than twelve months previously. The purchasing power of many British households is under pressure.
High food prices in particular contributed to inflation in April, according to figures from the British statistics agency ONS. Britons pay 19.1 percent more for food. That is the largest increase in 45 years.
In our country, too, there is a lot to be done about grab inflation. The discussion about the more expensive groceries has now reached a boiling point. Companies such as supermarket chain Ahold Delhaize are heavily criticized for deliberately raising the prices of the products. CEO Frans Muller said earlier that this image is not correct.
2023-05-26 13:11:57
#British #supermarkets #accused #grab #inflation #Economy
