The price gap between producers and consumers fell 12% in February

The price gap between producers and consumers fell 12% in February

The monthly improvement of the Origin and Destination Price Index (IPOD), considering the seasonality of the products, occurred because the prices paid to the producer rose again above the prices charged to the consumer. Indeed, the prices of origin increased by 34.3%, against 13.3% that increased the prices in the gondola of the retail shops and 13.5% in the gondola of the hypermarkets.

The products that saw their gaps rise the most were:

  • lettuce (91%)
  • broccoli (77.7%)
  • lemon (9%)
  • orange (8.4%)

In total, 45.9% of the foods measured saw their gap increase during the month. On the other hand, 54.1% saw them decrease, with the main drop in carrots (-71%).

In 70.8% of the products surveyed, the prices of local SME stores were lower than those of hypermarkets. The average difference was 6.6%, but products such as aubergines could be bought, on average, 18.5% cheaper in SMEs.

The data comes from the Index of Prices at Origin and Destination (IPOD) prepared by the Regional Economies sector of CAME based on the prices of origin of the main production areas and more than 700 prices of each product at destination, surveyed not only in greengrocers and markets by a team of 30 pollsters, but also by monitoring online prices of the main hypermarkets in the country, during the second half of the month.

CAME.jpg

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts