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Observatory: “Elusive” prices for fresh vegetables and fish – How much they changed in a month

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Παρατηρητorρ&iota ;ο: «Άπιαστες» οι τιμες για φρεσκα λαχανικα και ψαρια – Ποσο Αλλαξαν &sigma ;ε ενα μorνα

The ups and downs again came to the prices of consumer goods, as shown by the data of the Consumer Price Observatory for the month of February 2024.

In particular, at the Consumer Product Price Observatory, the assessment made for the month of February shows that despite the containment of inflation at 1.8%, against 1.7% in January and 1.6% in December, inflation in the food sector amounted to 2.36% in the period January-February 2024 compared to the corresponding period last year, mainly due to the positive change in agricultural products by 5.6%.

Which products showed increases and which decreases

As shown in detail in the Service's Table with the price indices for the month of February, in a total of 45 categories of basic products, 24 categories recorded an increase, of which 12 at a rate of less than 1%.

Specifically, in addition of the 33% increase registered by fresh vegetables and greens, which was followed by reductions in specific products in March, as recorded by the comparative price watch, a significant increase was also shown by fresh fish and molluscs by 5.5%, vegetable shortening by 5.4%, oil by 2.9% and the strong>baby foods by 2%. They followed at much lower rates, increases in purgour by 1.9%, flour and soft drinks by 1.8%< /strong> respectively, 1.6% in evaporated milk and sweetened and 1.2% in >fabric softeners.

A decrease was recorded in the other 21 categories of the Observatory, the main ones being frozen pasta by 4.3%, frozen molluscs/shellfish by 4.3%, sugar by 3.8%, cold cuts by 3.1%, frozen fish by 3.2% and frozen breaded and precooked meat by 2.6%. This was followed by sanitary pads and paper health by 1.6% respectively.

See how much prices have changed in a month:

Παρατηρητorριο : «Άπιαστες» οι τιμΕς για φρΕσκα λ&alpha ;χανικΑ και ψΑρια – Ποσο Αλλαξαν σε andνα μorνα

Παρατηρητorριο : «Άπιαστες» οι τιμΕς για φρΕσκα λ&alpha ;χανικΑ και ψΑρια – Ποσο Αλλαξαν σε andνα μorνα

Παρατηρητorριο : «Άπιαστες» οι τιμΕς για φρΕσκα λ&alpha ;χανικΑ και ψΑρια – Ποσο Αλλαξαν σε andνα μorνα

Παρατηρητorριο : «Άπιαστες» οι τιμΕς για φρΕσκα λ&alpha ;χανικΑ και ψΑρια – Ποσο Αλλαξαν σε andνα μorνα

Παρατηρητorριο : «Άπιαστες» οι τιμΕς για φρΕσκα λ&alpha ;χανικΑ και ψΑρια – Ποσο Αλλαξαν σε andνα μorνα

How much is the most expensive cart and how much is the cheapest

At the same time, in the context of continuous monitoring of the market and recording of trends, as they evolve from international and domestic conditions, the Service has again, on 19/03/2024, recorded the prices of 53 common and very important for the household products in three Limassol supermarkets. As can be seen in the comparative Observatory attached, the difference in the value of the most expensive basket from the cheapest amounts to 6.5% or €256.87 against €241.43 with the middle basket at €246.33. Additionally, the benefit to the consumer from the application of the zero rate of Value Added Tax (VAT) to the 11 products covered by the measure amounts to between €6.55 – €7.00 in a total of approximately €85 worth of purchases depending on the supermarket.

In conclusion, the valuation made for the month of February shows that despite the containment of inflation at 1.8%, compared to 1.7 % in January and 1.6% in December, inflation in the food sector reached 2.36% in the period January-February 2024 compared to the corresponding period last year, mainly due to the positive change in agricultural products by 5.6%. Oil products also registered a change of 1.61%.

See the details in detail:

– Lowest, Highest and Weighted Average Price per Product

– Price comparison: January 2024 – February 2024

– Price variation by product

– Price indices

HERE all the information of the Observatory provided on the website of the Consumer Protection Service.

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Source: 24h.com.cy

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