Household basket – Georgiadis: The effort to address accuracy continues

For the fourth consecutive week, the household basket has seen an average decrease.

Specifically, out of 1,134 products, 57 (5.03%) showed a small increase, 44 (3.88%) showed a large decrease and 1,033 (91.09%) remained stable.

This is what the Minister of Development and Investments Adonis Georgiadis says in his post on social media.

The 24th week of implementation of the “Household Basket”, we had big declines overall, -2.5% in its weighted average value compared to last week. It is the 4th consecutive week with an average decrease. Specifically, out of 1134 products, 57 (5.03%) showed a small increase,… pic.twitter.com/T1HwcSe47Z

— Adonis Georgiadi (@AdonisGeorgiadi) April 19, 2023

Specifically, the minister states:

“Week 24 of the household basket, we had big declines overall, -2.5% in its weighted average value, compared to last week. It is the 4th consecutive week with an average decrease. Specifically, out of 1134 products, 57 (5.03%) showed a small increase, 44 (3.88%) showed a large decrease and 1033 (91.09%) remained stable! The effort to address Accuracy continues.”