With a double-digit growth rate, the seven months from January to July closed for Jumbo, a development that the group’s management attributes to its strategy to eliminate overpriced products from its shelves. At the same time, however, in accordance with its usual practice, the management of the group is pessimistic about the next period, speaking of non-escalation of transport costs, the burden of production and service costs due to the strengthening of the dollar against the euro, but also “irrational price levels and inflationary expectations supported by geopolitical events and energy insecurity.

Thus, according to what the listed company announced yesterday, seven-month sales increased by 11%, and especially in July by 3% compared to the corresponding period last year.

In Greece, seven-month sales increased by 17% compared to the corresponding period in 2021 and by 1.5% in July 2022 compared to July 2021. In Cyprus, sales in July 2022 were up around 21% compared to the corresponding month last year. , continuing its dynamic course. Overall, sales in Cyprus for the seven months of 2022 increased by approximately 24% compared to the corresponding seven months of last year. Sales in Bulgaria recorded an increase of approximately 4% in July 2022 compared to the corresponding month of last year, and at the level of seven months they increased by approximately 0.6% compared to the corresponding seven months of last year. In Romania, finally, sales rose by about 3% in July, but overall they are still down 5% year-on-year over the seven months.