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Meat, beer, coffee: Which products are now becoming more expensive as a result of the Ukraine war

2022-03-09T04:34:34.488Z


Meat, beer, coffee: Which products are now becoming more expensive as a result of the Ukraine war Created: 03/09/2022Updated: 03/09/2022 05:30 By: Lisa Mayerhofer Food prices rose again in 2022 due to inflation. (Iconic image) © Martin Wagner/imago Food prices rose again in 2022 due to inflation. Now the Ukraine war threatens another price spiral in the supermarkets. Düsseldorf – Whether past


Meat, beer, coffee: Which products are now becoming more expensive as a result of the Ukraine war

Created: 03/09/2022Updated: 03/09/2022 05:30

By: Lisa Mayerhofer

Food prices rose again in 2022 due to inflation.

(Iconic image) © Martin Wagner/imago

Food prices rose again in 2022 due to inflation.

Now the Ukraine war threatens another price spiral in the supermarkets.

Düsseldorf – Whether pasta, coffee, beer or meat: for the prices at Rewe, Aldi, Lidl, Edeka and Co. * there seems to be only one direction at the moment – ​​upwards.

And the war in Ukraine should give prices in supermarkets and discounters a boost.

Aldi, Lidl, Edeka and Rewe: the Ukraine war drives up energy prices and logistics costs for supermarkets and discounters too

"The increase in energy prices and logistics costs caused by the Ukraine war will make itself felt in people's everyday lives - with every purchase in the supermarket or discounter," predicted the managing director of the Cologne Institute for Retail Research (IFH), Boris Hedde, in an interview with the German Press Agency also with regard to the prices at Aldi, Lidl, Rewe or Edeka.

Because the prices would now rise even more than they did in the past.

"That will be a challenge - especially for socially disadvantaged families."

Hedde is not alone in this assessment.

Retail expert Robert Kecskes from the market research company GfK is also convinced: “The conflict will further increase the pressure to increase prices.

The rise in prices will certainly be considerable.” The chief executive of the German Trade Association (HDE), Stefan Genth, also warned that the war in Ukraine and the sanctions imposed as a result “could have a price-driving effect”.

The prices in the German food trade were already in motion before the Ukraine conflict* due to rising raw material prices and energy costs as well as corona-related problems in the supply chains.

Beer, coffee & Co.: Price increases at supermarkets and discounters as early as February

According to the Federal Statistical Office for Food, consumers had to pay 5.3 percent more in February than twelve months previously.

Price increases wherever you looked: Tchibo made coffee more expensive.

Large German breweries announced price surcharges in rows, as did manufacturers of toilet paper and handkerchiefs.

Beef went up in price enormously, as did poultry and tomatoes.

Rewe boss Lionel Souque complained at the end of last year: "There have never been so many demands for price increases from industry as this year." And that was before the Ukraine war*.

In the meantime, the situation is likely to have worsened noticeably for many manufacturers, which could also have an impact on the prices at discounters such as Lidl and Aldi and supermarkets such as Edeka or Rewe.

Rising electricity and gas prices: Impact on supermarkets and discounters

Because the global increase in energy prices triggered by the war not only makes heating your own four walls and driving a car more expensive.

The production of many products, from bread to detergents, which are sold in bulk in supermarkets and discounters, is also becoming more expensive.

"Everyone works with electricity and gas - including Nestlé and Unilever," emphasized an industry insider.

In the case of meat, for example, the energy costs are included in the costs from the production of the seed for the animal feed through the entire value chain to the freezer in the supermarket.

The industry fears that logistics costs will also increase sharply after the Russian invasion.

"Manufacturers will certainly try to pass these additional costs on to retailers and consumers," said Kecskes.

Supermarkets and discounters: Price developments at Edeka, Rewe, Aldi and Lidl

It shouldn't be that easy for her.

Because the large retail chains such as Edeka, Rewe, Aldi or Lidl are well aware that the price is likely to play a much greater role in shopping in the coming months than in the past.

And the supermarkets and discounters don't want to undermine their own competitive position by making excessive price concessions to the manufacturers.

The price negotiations between dealers and manufacturers have already been unusually tough in the past few months.

Time and again there were temporary delistings and delivery stops.

But even resistance from trade will not be able to stop the price spiral.

Industry experts assume that the burdens from the combination of higher living costs, the threat of back payments for heating costs and increased fuel prices* could significantly change the shopping behavior of German citizens in the coming months.

Aldi, Edeka and Rewe: Russian products fly off supermarket shelves

Several supermarkets have also banned confectionery, delicatessen and alcohol products from Russia from the shelves*.

Netto, Edeka, Rewe and Aldi not only want to set an example for peace - the procedure also has a practical background:

Goods that are produced in Russia are difficult to reach in Germany.

And since Russia and its banks were excluded from the Swift international payment system, it hasn't been as easy for retailers to place orders.

Affected are products such as condensed milk from different manufacturers, ready meals from "Doschirak" and "Rolton", sauces from "Maheev" and various brands of vodka.

(with

dpa material) *Merkur.de is an offer from IPPEN.MEDIA

Source: merkur

All news articles on 2022-03-09

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