Price damper: Hofer lowers prices for food and hygiene articles!

Price damper: Hofer lowers prices for food and hygiene articles!

Hofer, Österreich - Hofer has announced that it will reduce prices for numerous products from Wednesday. These price cuts affect both food and household items, including hygiene articles and batteries. The price reductions of up to 26.7 % in products such as tandil client film and 23.2 % for SATESSA hygiene panty lines are particularly striking. There is also a reduction of 11.8 % for the Activ Energy AA and AAA micro batteries (each in 8-pack). This reports Kosmo.

Furthermore, the list of lowered prices shows a wide range of foods such as the Almare Seafood mackerel fillets with a price reduction of 16.8 % and backbox spelled alarm clocks, which are 14.5 % cheaper. The good from the baker Kornspitz (4-pack) suffers a price decline of 12.6 %, while the Milfina fresh cheese (200g) becomes 16.8 % cheaper.

further price reductions in supermarkets

The price reductions are not limited to Hofer. According to [OE24] (https://www.oe24.at/businesslive/steuer/trotz-inflation-inflation-supermakte-senkte-sen-das-werd-jetz-jetz-jetz-jetzt-jetzt-jetzt-jetzt-jetzt-jetzt-jetzt-jetz-jetzt-jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzt- Jetzen-Billiger) Supermarket chains have reduced the prices for hundreds of articles since the beginning of the year. This includes SPAR, which reduced the price of balsamic vinegar by 23 %, and Billa, where cherry tomatoes fell by 16.7 % in price. Experts report that the inflation rate may have exceeded its peak and show food prices signs of relaxation. In April, the prices for dairy products, vegetables and fruit dropped, which benefits the customer.

A look at the prices shows that green salad cost 11 % less than in March and butter prices fell by 3.9 % compared to the previous year. These developments indicate that further price reductions are possible in the near future because the raw material prices sink.

long -term price development and inflation

In the context of increasing living costs, these price reductions are more welcome than ever. [Tagesschau] (https://www.tagesschau.de/wirtschaft/ consciousness/inflation-zeitsmittel-preisstieg-100.html) indicates that food prices have risen by almost a third since 2020, with some areas such as sugar and flour exceeded the 50 % brand. The reasons for the increase are due to crop failures and increasing production costs.

In particular, olive oil, the prices of which have more than doubled, is a topic that currently affects consumers. The Spanish government even temporarily lifted the VAT on olive oil to relieve the citizens.