The first half of 2022 was a bittersweet taste for retailers and suppliers, on the one hand due to increased operating costs that significantly reduced profit margins and on the other hand due to the increase in value sales which came solely from increased prices, as demand showed a negative trend for all major product […]
Tag: foods
Russians are looking for cheaper food
Russian consumers are turning to cheaper food items due to falling real incomes, top food retailer X5 Group said on Monday, as high inflation cuts into purchasing power. Although a stronger ruble and softening consumer demand have helped Russia contain inflation, which has soared to 20-year highs on an annual basis since Russia’s invasion of […]
The inflation of cheap meat and its effect on the consumer
By Giorgos Lampiris In recent times, the inflation that affects watermelon and its price fluctuation has been shown by many websites at an international level, as an example capable of capturing the image of the food market and the increases recorded. But a strong example of the inflationary picture of the period is the cheap […]