A price drop may come at Lidl, one of the company’s leaders spoke about this

by time news

2023-05-20 19:04:32

The German CEO of Lidl, which is celebrating its fiftieth “birthday” this year, gave an interview Christian Hartnagelt. The chain has 12,000 stores in 32 countries, and Bild asked whether consumers can expect another price drop.

I dare not predict anything, but in April we see a slight downward trend in the inflation rate, and this is hopeful.

said the CEO.

Härtnagel also talked about the fact that they were able to reduce the price of more than seven hundred products this year. As he said, they do not pass on all price increases to customers, and they are constantly negotiating with their suppliers. “Our customers know the raw material markets very well, so they can assess which products warrant a price increase and which do not. We will reduce prices as soon as possible. Lidl was the first grocery store to reduce the price of cooking oil, cheese and pasta,” added the CEO.

(via index.hu)

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