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The basket is taking off: the price of 50% of the products tested has gone up - voila! Of money

2024-02-26T11:45:39.663Z

Highlights: The Consumer Council published the comprehensive monthly inspection of the product basket. The price increase in ready-made salads, sugary drinks and pharmaceuticals stands out. The maximum decrease was at a rate of 15%, while the maximum increase was 36%. The Consumer Council publishes notable price differences that show that buying in the expensive chains can be reflected in differences of hundreds of percent between products. For example, a kilo of avocado is sold in the Shefa Berachat Hashem network close to home for NIS 4.9 compared to NIS 29.9 in the Super Yoda network.


A test conducted by the Consumer Council reveals an average increase of 2% on the consumption basket compared to last month and an increase of up to 16% on products such as ready-made salads, snacks and sugary drinks


Check the basket and discover: an increase of up to 16% on consumer products compared to January/ShutterStock

The Consumer Council published the comprehensive monthly inspection of the product basket - a basket of 817 products from which 770 common products in the chains were sampled.



From the last test conducted a few days ago and compared to the survey conducted the previous month, a significant increase of 1.7% was found in the price of the basket and in relation to the survey conducted a year ago (February 22, 2023) a significant increase of 4.7% in the price of the basket.

The current survey also shows that compared to the month of January 2024, a relatively high increase was recorded in a large number of products: the price increase in ready-made salads, sugary drinks and pharmaceuticals stands out.



Compared to the basket from a month ago among all the products: about 50% of them the price increased, while for about 50% the price did not change (about 30%) or decreased (about 20%).

The maximum decrease was at a rate of 15%, while the maximum increase was 36% - Potato Chips Snack with Grill Crunch Potato Chips Elite 50 grams.

potato chips

Recorded an increase of 36%/Strauss

From January to February

The Consumer Council publishes

notable price differences

that show that buying in the expensive chains can be reflected in differences of hundreds of percent between products.



For example, a kilo of avocado is sold in the Shefa Berachat Hashem network close to home for NIS 4.9 compared to NIS 29.9 in the Super Yoda network - a difference of NIS 25 and a percentage of 510%, Click Biscuit coated with milk chocolate Unilever 65 grams - Rami Levy online sale 1 NIS compared to the average price in the Yelo network NIS 7.5 - a difference of NIS 6.5 and in percentage terms 651%.



In the pharmacy sector

: Gillette Fusion razors 16 units, sold on sale in the BE network for NIS 139 compared to NIS 249.8 in Super Pharm.

The difference is NIS 110.8 and in percentages - 80%.

Baby food compound based on milk stage 1 Gold Similac 700 g - in Carrefour chains (Market, City and Hyper), Super Habib chain, Rami Levy online and Shufersal online - NIS 60, compared to NIS 94.9 in the Yelo chain, NIS 34.9 difference (58%).

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Which categories registered the biggest increase?

Products whose prices increased more than the average and in a noticeable way (partial list above 6%):



Kitchen / Turkish +15%


Vegetable salads - packaged +14%


Sweet drinks +12%


Eggplant salads - packaged +12%


Milk chocolate +11%


Soap and bath lotions +9 %


salty snacks 9%+


toothpaste +9%


hummus and tahini salads - packaged +7%

Which companies raised the sharpest?

Price increases in chains according to the name of the producers compared to January 2024, according to the announcement of the Consumer Council:



Strauss - Achla +16%


Berman - Lehem Ha'aretz (non-supervised bread) +12%


Strauss - Elite +11%


The Central Company L.M.C. - Fuse-T - +9%


Q.

Shastowitz - Merba +9%


Tnuva - Gori - Olivia +9% Ferrero -


Kinder +9%


Diplomat - Kraft - Milka +8%


Muti +7%


Quaker Oats + 7%


Barn Salads Zabar +6% Suget -


Legumes +5%


Barn - Nestlé - +4%


Asem - Beit Hashita +4%


Heinz +4%


Mia +4%


Wisotsky - The Magical Garden +4%


Asem - Tibol +3%


Unilever - Click +3%


Unilever - Thelma - Bagel Bagel +3%


Hall Shaked Golan wine +3%


Winegrowers Association - Carmel Wineries +3%


Strauss - Yad Mordechai +3% Dr. Fisher +16%


Procter & Gamble - Fairey +12%


Colgate +9%


Unilever - Bedin +9%

Over 16% - Strauss raises prices on the ready-made salads of the "Achla" brand/Shlomi Arbiv

Where is the cheapest basket?

The 3 chains that lowered/increased the prices the least compared to last month:



Market warehouses 0.4% -


Carrefour Market 0.35% +


Keshet Tamim and Rami Levy online 0.5% +



3 chains that increased prices the most compared to last month:



Fresh Market 2.13% +


Mega in the city 2.11% +


Market warehouses for you 1.85%+

The ranking of the chains from the cheapest to the most expensive:

In general, the cheapest network is Rami Levy, and the most expensive is Mega in the city - the difference between them is 17%.



The difference between the cheapest urban network Pulitzer and the most expensive Mega in the city -10%.



The difference between the cheapest chain Rami Levy and the most expensive Yohannoff -4%.



The difference between the cheapest low discount chain from the market warehouses and the most expensive Tiv Taam -8%.



The difference between the cheapest online network (of those reviewed) Rami Levy on the Internet and the most expensive Quick Online - 11%.



The image below shows the ranking of the chains from cheap to expensive (based on a basket test of 770 products).

The test was conducted under the statistical supervision of Dr. Or Katz of Ashkelon Academic College.

A writer in Israel.

A 17% gap between the cheapest and the most expensive chain/Reuven Castro

The importance of comparing prices

The Consumer Council stated

: "The price of the basket for the consumer is on an upward trend, in relation to the test that was done a month ago. The same is true in relation to the test that was done about a year ago in the same period - since then, prices have risen on average close to 5%.



The findings illustrate the importance of price comparison by the consumer between the chains before purchasing The family basket, as part of the need to control price increases and the choice to purchase at the cheapest price. The consumer must pay attention to the price differences between the urban chains and the discount chains - where there is a large price gap (a gap of about 17%)."



The council put up a landing page on the council's website, to compare the price indices in relation to the prices before the outbreak of the "Iron Swords" war for the use of the consumer public.

  • More on the same topic:

  • author

  • supermarket

  • Shopping

  • consumption

  • retailing

  • The Consumers Council

Source: walla

All business articles on 2024-02-26

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