There is no point in counting that we will start paying less for shopping
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There is still no hope that we will start paying less for shopping. It is comforting that prices are growing a little slower, writes Wednesday’s Rzeczpospolita.
Analysis of over 67.6 thousand retail prices from over 37,000 stores showed that in April this year daily purchases increased by an average of 20.4 percent. – results from a study by UCE Research and the WSB Merito University, which publishes the journal.
“All of the 17 analyzed categories increased their prices again – pet food, vegetables and household chemicals rose the most, while food products went up the slowest, being the only ones with a single-digit change” – notes the newspaper.
Marian Noga from the WSB Merito University, quoted by the daily, predicts that the dynamics of price increases in stores will be slower. NBP inflation report from March this year. shows that by March 2025 the rate of wage growth will exceed the rate of expected price increases and inflation. In this situation, consumers must be prepared for the long-term price increase – slow, but lasting up to five years, the newspaper points out.
“You can see that the dynamics of price growth is falling, but quite slowly. In our opinion, the average price increases in stores – looking at the entire category – will continue to be year-on-year for several, and perhaps even a dozen or so months to come. double-digit, with minor exceptions,” predict analysts from UCE Research, cited by the daily. According to them, we will also observe large jumps in the prices of individual commodities from time to time.
As the newspaper notes, although the situation seems to be calming down, “onions are more expensive on an annual basis by as much as 120 percent, carrots by almost 80 percent.” In turn, for toilet paper, he adds, you have to pay over 60 percent. more than a year ago.
According to Marian Noga, “vegetables have reached price peaks.” “In May, the increase in vegetable prices will depend primarily on energy charges” – he adds. (PAP)
May/ joz/
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