Demonstration against the cost of living, Ashkelon (spokespersons of the Histadrut)
During the month of February, when the public's eyes were on the process of promoting the legal reform in the Knesset and the protest in the streets, the food manufacturers and importers took advantage of the tense situation and the lack of consumer attention to the cost of living, and raised the price of some products by a sharp rate, according to an examination of the cost of living basket of the Consumer Council, There they expect a sharp and even more painful increase in the coming months.
Every month, the Consumer Council publishes a basket of the 800 best-selling products in the marketing chains according to "Stornext" data, which is used as a measuring tool for analyzing the cost of living.
In the month of February there was a steep increase of 7% compared to the previous February and for some products the price increase was even greater, even though the manufacturers and importers did not announce their intention to increase the prices.
The cereal products of "Sugot", buckwheat, bulgur, wheat, pearl barley and quinoa, increased in February by 7% compared to January and by 17% compared to February last year.
Strauss' "Achla" salads jumped by 13% from the previous month and by 18% from January 2022. Shastovich's "Master Chef" products increased by 11% in one month and the prices of Zoglovac's hot dogs and sausages became more expensive in February by 5% and by 10% from the corresponding period last year.
It's only getting more and more expensive (Photo: ShutterStock)
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It also emerges from the analysis of the Consumer Council's product basket, that in the last half of the year, until February, there was a creeping price increase of 1%, but last month there was a sharp jump.
This is contrary to the claim of the importers, manufacturers and retailers about freezing prices.
Until February these increases were moderate.
In the last month, against the background of the crisis surrounding the legal reform, the price increases were higher.
Usually, when the price increases, the companies usually issue an orderly announcement to the public, and this time it was done under the radar, taking advantage of the civil unrest.
As was published yesterday in Walla! Famous economists held talks with senior government ministers last week and warned that the dollar may cross the 4 shekels mark and the prices will increase by 30%. The Minister of Economy, Nir Barkat, warned the retailers, manufacturers and importers at the cabinet meeting yesterday not to raise prices before Passover and announced that he would summon them to it. The Prime Minister and the Minister of Finance backed his words, but it seems that the members of the government have already followed the train.
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