
Updating the products that will fall into the “basket” with cheap goods Supermarket — asked yesterday during a teleconference with the Minister of Development and Investment food companies. Adonis Georgiadis, which is contrary to what was agreed last week at a meeting of the leadership of the ministry with representatives of supermarket chains. In fact, this update will take place every 15 days, according to Sotiris Anagostopoulos, Secretary General for Trade and Consumer Affairs, in his TV interviews.
With this change, the ministry circumvents supplier reactions to discriminatory treatment of specific codes and limits possible objections from the Competition Commission, as well as canceling long-term monitoring of repricing of major products.
Recall that at the first meeting with supermarket chains, it was decided that the products will remain stable for a long period of time in order to better monitor price fluctuations. “This list is dynamic, there will be changes, but the main categories are those that have been described. Products can be changed at regular intervals, every 15 days the products in the basket of each supermarket will change,” said the CEO. Trade.
What will actually happen now is that networks and vendors will “advertise” their offerings not only through brochures and media, but also for free through the Ministry’s Electronic Consumer application.
During yesterday’s call, the food industry also issued a “warning” to the government not to put too much pressure on price cuts as the viability of businesses is threatened.
“The development of the domestic and global market over the past year (sufficiency, cost of raw materials and energy), caused by successive headwinds, has had a catalytic effect on the activities, financial results and sustainability of the food industry and is deeply alarming. us,” the Greek Food Industry Association (SEVT) said in a statement released yesterday.
The SEBT report finally emphasizes that the participation of businesses in the “basket of households” is voluntary.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.