In September, the average price of foodstuffs observed in the price monitor decreased in 34 product categories

2023-09-15 11:27:27

Since the launch of the platform, the prices of many foods (garlic, kale, eggs, green peppers, spaghetti) have fallen by more than 20 percent, and by more than 15 percent (meat flour, apples, cabbage, fine flour, pickled cucumbers). The average decrease in the price of vegetables was 14 percent, and that of fruits was nearly 10 percent over the past two and a half months. Bread and dairy products became cheaper by an average of 8-9 percent, and margarine by more than 11 percent due to price competition. Among the meats, the prices of turkey breast fillets and chicken wings decreased the most, by around 10 percent, while chicken legs were also 6 percent cheaper and pork chops were almost 4 percent cheaper than at the beginning of July.

According to the Ministry

since the beginning of September, average prices have further decreased in 34 product categories.

Over the course of the last two weeks, the prices of pickled cucumbers and fine flour decreased the most, by more than 7 percent. The prices of cabbage, pears, oranges and bananas decreased by more than 5 percent, and the average price of butter cream, canned sweet corn and butter also decreased by 4 percent.

The decrease in prices was also supported by the mandatory promotion launched by the government from June 1st and extended from August 1st

– they highlighted.

They added that based on the attendance data, the online platform is still popular, as it already had more than 1.2 million visitors, and thanks to the new user-friendly functions, visitors are spending more and more time on the site. The number of free-word searches is close to 670,000, during which price watch users searched for the words chicken breast, sugar, milk, eggs and cheese the most frequently in September.

At the end of August, the price monitoring system was expanded with a multi-functional, freely compiled and shareable shopping list, which provides even more help to consumers in making their purchase decisions with the possibility of tracking the value of their product basket on a daily basis.

Thanks to the latest function, the easier comparison of store prices can encourage further competition in retail chains, thus contributing to the fight against inflation.

– says the GFM announcement.