For the analysis, over 1,400 prices were compared in a total of 44 product categories from 9 supermarket chains in the two countries
Research according to which it appears that the prices in a representative sample of supermarket products in our country are lower than the corresponding ones in Germany, the IELKA Consumer Goods Retail Research Institute announced today Wednesday.
The Institute’s repeated report based on data from price comparison platforms in each country, but also on prices from supermarket chains in the spring of 2024 shows that Germany has a 26% more expensive basket The picture of the results changes significantly according to the Institute when we deduct VATso in this case) Germany has a 33% more expensive basket, a result of the difference in the VAT rate.
For the analysis they were compared over 1,400 prices in a total of 44 product categories from 9 supermarket chains in the two countries
The data includes all prices of branded products, but also of all private label products in each country (excluding only specialty products such as organic products). The prices are the final prices including the offers and discounts provided by the supermarket chains in each country.
The analysis of Numbeo data (numbeo is a crowd-sourced global database for consumer prices worldwide, with data from 2009) reaches similar conclusions in June 2024, based on data from the last 12 months, which concern all points of sale and they concern the minimum amount of money that someone has to spend in the two countries in order to cover the calorie needs, and in this case Germany is 26% more expensive than Greece with 333 euros compared to 264 euros in Greece.
Source: Skai
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