Price increase for food: This is how expensive shopping will be in 2024!

Price increase for food: This is how expensive shopping will be in 2024!

On December 18, 2024, the Chamber of Labor (AK) published the latest results of its market research, which showed a significant increase in the price of everyday food. Accordingly, the prices of the AK grocery shopping cart increased by an average of 0.96 percent. For the survey, 591 products from different categories in seven supermarkets and discounters were examined. While the average price for cheap products is 24.82 euros, branded products are 46.31 euros and organic products are even 56.37 euros. This corresponds to a price difference of around 127 percent. Of particular note is an increase in the price of orange juice, which has become 32.24 percent more expensive, while the price of frozen peas has fallen by 15.22 percent, as the AK reports.

Families pay more for food

Families with two children must prepare for higher expenses for groceries and snacks. The cost has increased to 1,149 euros, compared to 1,035 euros in 2023. AK market researcher Josef Kaufmann mentions that changes in price comparisons between different product categories can make sense for consumers. However, given the past few years of sharply rising prices, the current flattening of price increases may not bring any relief for many households. The AK emphasizes that information about origin and quality marks play an important role - over 95 percent of products have such information, with around 75 percent coming from Austria.

To get the best price, experts recommend taking a close look at discounts and discounts. A simple discount calculator like him blitzrechner.de offers can help consumers calculate actual savings on various discount promotions. For example, a 20 percent discount on an item that costs 100 euros will reduce the final price to 80 euros. Smart price comparisons and conscious use of discounts can help minimize expenses, especially in times of rising food prices.