GERMAN SUPERMARKETS TO INCREASE FOOD PRICES 20-50% FROM MONDAY via /r/wallstreetbets #stocks #wallstreetbets #investing


GERMAN SUPERMARKETS TO INCREASE FOOD PRICES 20-50% FROM MONDAY

RECESSION!

SPY 315

DRI PUTS

COW CALLS

WEAT CALLS

Aldi: (grocery) Purchase prices should increase by up to 50 percent

Aldi (german discount supermarket) does not want to give exact figures. According to Funke information, however, the group assumes that the purchase prices for groceries could become between 20 and 50 percent more expensive in the next few weeks.

Meat, sausage and dairy products are to become “significantly more expensive” from Monday, as the group confirms. According to information from our editorial team, a surcharge of around 30 percent is planned for butter.

Because of the war, there is currently no (livestock food) supply. Because there is no feed for the animals, fewer pigs, cattle and above all chickens are raised. “Food in Germany now costs more money than ever before,” writes the agricultural organ “Agrarheute

Because of their sheer size alone, Aldi Süd and Aldi Nord are trendsetters when it comes to pricing in German food retail. “We expect that the sales prices in the entire trade will rise considerably in the coming months,”

“Aldi will remain the price leader. Because of their simple structures, discounters are better positioned than full-range retailers when it comes to costs. That’s why we won’t have to increase the sales prices as much as supermarkets and specialist retailers,” says Florian Scholbeck. Customers will watch it closely.

https://www.waz.de/politik/aldi-discounter-preise-exkplosion-inflation-russland-lebensmittel-id234968849.html

Holy shit. This part again.

That’s why we won’t have to increase the sales prices as much as supermarkets and specialist retailers

Confirmed by multiple sources

GERMAN RETAIL CHAINS TO INCREASE FOOD PRICES BY 20-50% FROM MONDAY

https://twitter.com/FirstSquawk/status/1510659056943321091?t=f7QIN92fCNz-kbTqolym8g&s=19

BREAKING: Germany’s Retail Association says food retailers are set to raise their prices by 20-50% as of next week

https://twitter.com/spectatorindex/status/1510692009484636160?t=JnFX8P3yeVAffbCTGoo5xQ&s=19

Submitted April 03, 2022 at 08:32PM by BarryBearerson
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