Kaufland, Rewe and Co: Customers must expect further price increases.  (icon picture)

customers from Kaufland, rewe and other supermarkets must now be strong. First the prices are rising and now products are disappearing completely from the shelves.

An improvement in Kaufland, rewe and Co. is also not in sight.

Kaufland, Rewe and Co: Next price shock for customers

Customers are now used to price increases at Rewe and other supermarkets. Unfortunately, they have to be prepared for the fact that this will not change anytime soon. Because the Ifo Institute does not see a quick end to the high inflation in view of the price increases announced by German companies.

Kaufland, Rewe and Co: Customers must expect further price increases. (icon picture)

Photo: IMAGO / Gottfried Czepluch / Michael Gstettenbauer / McPHOTO

According to a survey by the Munich researchers, many companies want to raise their prices on a large scale. In August, the Ifo index of price expectations was 47.5 points, just 0.1 below the July value. In individual areas such as the food industry, almost every company wants to continue raising prices. “Unfortunately, there is no end in sight to the wave of inflation,” said Ifo economic chief Timo Wollmershäuser.

Supermarkets will continue to screw up prices

On the contrary: he even expects higher inflation rates in the coming months: “So far, energy suppliers have only passed on a small part of the sharp rise in exchange prices for electricity and natural gas to customers,” said Wollmershäuser.

+++ Rewe offers crazy product – customers can’t believe it! “Please what?” +++

“That is likely to change in the coming months and lead to double-digit inflation rates. Consumers will therefore limit their consumption and overall economic output will contract in the second half of the year.”

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A price expectation of 47.5 means that the proportion of firms that want to raise prices is 47.5 percentage points higher than the proportion of firms that want to lower prices. The figures are currently particularly high in the retail sector, and are still lowest in the main construction trades. (gb with dpa)

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Source: Derwesten

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J. A. Allen

Author, blogger, freelance writer. Hater of spiders. Drinker of wine. Mother of hellions.

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