Prices on supermarket shelves and fuel are rising rapidly during the pandemic and basic products will be even more expensive in the near future. Prices are expected to increase further in the next period due to the rise not only of raw materials internationally but also the price of transportation fares.
According to the Athens Chamber of Commerce and Industry (EVEA), it is indicative that price hikes in raw materials, cereals, dairy, sugar, coffee and beef start from 3.63% and reach 26.59%.
A report at OPEN TV listed some of the price increases in the supermarkets as:
Seed oil: 50%
At the same time, the prices have already increased (by a few cents of the euro) in consumer goods in supermarkets and they are:
Rice: From 1.70 euros to 1.90 euros
Coffee: From 5.40 euros to 5.70 euros
Baby milk: From 10.70 euros to 10.80 euros
“The fare increase of a container from Asia to Europe went up by 525% in six months”, noted the president of EVEA, Konstantinos Michalos.
The General Manager of IELKA confirmed to OPEN that “there are increasing pressures on raw material prices and it remains to see if they will affect the prices on the supermarket shelves in the future as well “.
The price of fuel is also increasing
In addition to rising product prices in supermarkets, consumer’s budgets are under pressure also by the rising in fuel prices that in turn affect product prices.
Specifically the average price in:
Today it stands at 1.61 euros per liter
Last year at such a time the price was 1.36 euros per liter
Today: 1.110 euros per liter
1 year ago: euro 1,330 per liter