The Consumer Protection Service announces the updated Consumer Product Price Watch for the month of December 2022. Following on from the previous methodology, the upgraded Observatory presents the weighted average price for 250 key consumer products (food and non-food), based on daily prices and quantities sold in 400 retail outlets nationwide over a one-month period.
The purpose of the Observatory is to provide the consumer with an objective comparison of purchase prices from all retail outlets, supermarkets, bakeries, kiosks, etc.
The Consumer Protection Service clarifies that the Price Observatories are prepared solely for the purpose of assisting/general information of consumers and in no way constitute advice. The Price Observatory is not intended to and cannot replace the market research to be carried out by each consumer on the basis of his or her own preferences, data and needs, nor is it intended to indicate to consumers the points of sale to choose or specific products.
In particular, it should be noted that some of the products included in the Price Observatory have qualitative differences which cannot be determined. To this end, the Consumer Protection Service urges consumers to carry out substantial market research before proceeding with their purchases, taking into account the results of this Observatory.
Detailed information on the Observatory is available on the website of the Consumer Protection Service .
(MB/SX)
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