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The Consumer Protection Service announces the Consumer Product Price Watch for the month of April 2023. The Observatory presents the weighted average price for 250 basic consumer products (food and other products), based on the quantities and prices per day at which these products were sold in 400 retail outlets nationwide throughout the month.
The purpose of the Observatory is to provide the consumer with an objective comparative price comparison of purchase prices from all retail outlets, supermarkets, bakeries, bakeries, bakeries, kiosks, etc.
In conclusion, the valuation for the month of April shows that prices are moderating, reflecting the downward trend in food inflation, which, according to the Statistical Office, reached 8.5% in January-April 2023, compared to 9.1% in the same period last year. In a total of 45 categories of basic products, 22 categories recorded a decrease with the most significant being greens (-22%), fresh fish (-14%), eggs (-3.2%) oils (-4.3%) and flour (-3.4%), 8 categories a small increase of up to 1% and another 15 categories larger increases.
The Consumer Protection Service clarifies that the Price Observatories are prepared exclusively for consumer information purposes 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 are subject to qualitative differences which cannot be determined. To this end, the Service encourages consumers to carry out meaningful market research before making purchases, taking into account the results of this Observatory.
Detailed information on the Observatory is available at website of the Consumer Protection Service.
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