Filenews 10 October 2022 - by Socrates Ioakim
The position that from next month Supermarkets will reduce by 10% the prices of basic consumer goods in order to help households cope with the accuracy observed due to inflation, expressed speaking on the show Agenda on Active the executive secretary of the Pancyprian Association of Supermarkets Andreas Hadjiadamou.
According to Mr. Hadjiadamou, the prices in the housewife's basket compared to last year are increased on average to about 12%, stressing that the intense competition that exists has led to price restraint.
At the same time, he called on consumers to look for the offers announced by supermarkets as this will save money.
Finally, he said that the saying that the "big fish eats the small one" is not valid as there is room for opening new supermarkets.
