By George Lampiris A new round of concentration, which will be strong and will affect the food industry sector and the shorter-range supermarket chains, is expected by high-ranking market executives, contacted by Capital.gr. At the same time, the same estimates do not exclude padlocks on companies that will not be able to withstand the strong […]
Tag: food
The forecasts and hopes of YPOIK for inflation
By Tasos Dasopoulos From the middle of the year, YPOIK expects the stabilization of the Consumer Price Index, after the end of a year of continuous rise, mainly due to the prices of fuel and, most recently, food. This is one of the reasons that will implement from June until the end of the year […]
UN: Russians spend twice as much on food as before the war
Russians spend an average of 40 percent of their disposable income on food – about twice as much as they did before the war in Ukraine, said the director of the Food and Drug Administration’s Russia office. Russian government figures show that annual food inflation reached 18.75% on April 1, as the economy is hit […]
Ukraine: Food prices rose to a new record high in March
World food prices jumped to a new record high in March due to the war in Ukraine, which “shocks” grain and vegetable oil markets, the Food and Agriculture Organization of the United Nations (FAO) announced today. The FAO food price index, which tracks the monthly fluctuations of international prices of a total of basic foodstuffs, […]
G. Georgantas: The platform for declaring stocks of raw materials opens on Monday
From Monday, April 4, the platform opens through which entrepreneurs must declare the available quantities that exist in specific products, mainly raw materials (wheat, corn, flour, sunflower oil, etc.), he told Channel One, of Piraeus, the Minister of Rural Development and Food, Mr. George Georgantas, in an interview with journalists, George Sarantakos and Chryssa Sarantopoulou. […]
G. Economou for accuracy allowance and VAT on food
The precision allowance will be given at 10-15, according to what government spokesman Giannis Oikonomou said on SKAI TV, adding that the measure is entitled to vulnerable households, low-income retirees, people with disabilities and beneficiaries of the social solidarity allowance. Asked if the government intends to reduce VAT on food, something that was left open […]
Greeks store food in their cupboards due to Ukraine and increases
By George Lampiris Signs of food storage are recorded by Greek households as in certain categories there is a very large increase in sales in the first week of March (before Shrove Monday) compared to the corresponding period last year, according to data from NielsenIQ. It is typical to increase sales by 43.6% in pasta, […]
Brussels loosens restrictions on pork trade from most of Bulgaria
The European Commission has eased restrictions on African swine fever (ASF) in the production and trade of pigs and pork in / from most of Bulgaria, with a few exceptions in several municipalities in four regions: Blagoevgrad and Pazar Plovdiv to the south, and Varna to the north coast. The amendment entered into force on […]
V. Korkidis: The food industry is facing the ‘perfect storm’
It could also be described as the “perfect storm” what is currently being called for in the production, processing and trade of the food industry. This was noted by the president of the Attica Regional Chamber Council and the Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, in his statements to APE – MPE, commenting […]
Spain: Supermarkets restrict sunflower oil market amid fears of shortages over Ukraine
Many Spanish supermarkets have started selling sunflower oil with the coupon, so that consumers can not stock up because they are afraid of shortages due to the war in Ukraine. “Due to the situation in Ukraine we have problems with the supply of sunflower oil. For this reason it is allowed to buy only three […]