19.2 C
New York
Thursday, May 26, 2022

Aldi hikes food prices on around 400 items

- Advertisement -
- Advertisement -


Prices in the German food trade are moving more and more. Aldi is currently increasing prices across the board and is thus passing on the manufacturers’ price increases as a result of the Corona crisis and the war in Ukraine to customers, the trade magazine “Lebensmittel” reported on Thursday. Zeitung”.

According to an investigation by the specialized magazine, some 400 articles are affected. Such a wave of price increases has not existed for years.

[Alle aktuellen Nachrichten zum russischen Angriff auf die Ukraine bekommen Sie mit der Tagesspiegel-App live auf ihr Handy. Hier für Apple- und Android-Geräte herunterladen]

Aldi basically confirmed the price increases. “Where purchasing costs change due to the current market situation, we also have to increase selling prices,” said a company spokesman on behalf of Aldi Nord and Aldi Süd.

The discount store step is also of great importance because experience has shown that many retailers in the entry-level price segment rely on Aldi prices. Competitor Lidl was initially unable to comment on possible price increases.

The Aldi spokesman explained that the market situation has been shaped for months by ongoing challenges in international shipping, the Omicron wave, the critical international trucker shortage, and rising energy and raw material costs. The situation was aggravated by the war in Ukraine. This leads to an increase in the purchase prices of many products.

More about the Ukrainian war on Tagesspiegel Plus:

It is part of the discount model that Aldi lowers selling prices when buying prices go down and increases selling prices when buying prices go up. “We would like to point out that this step will not change our margins.”

According to “Lebensmittel Zeitung”, the price jumps vary depending on the product. Sometimes it’s about 10 cents, other items would be a euro more expensive. Coffee price jumps are particularly striking. However, various drugstore items, baked goods, detergents, salty snacks and frozen goods have also become more expensive.

. Prices in the German food trade are moving more and more.Photo: Rolf Vennenbernd/dpapa

[Alle aktuellen Entwicklungen im Ukraine-Krieg können Sie hier in unserem Newsblog verfolgen.]

Numerous sectors had recently asked retailers to raise prices, in part due to high energy and raw material costs and rising logistics expenses. On Thursday, for example, the potato processing industry demanded a “recalculation” from retailers. In addition to exorbitantly high energy prices, the industry is also affected by price increases due to shortages of important agricultural raw materials such as sunflower oil and rapeseed oil, the Federal Association of the Processing Industry complained. of Fruits, Vegetables and Potatoes.

The Central Association of German Bakers had previously warned that the Ukraine crisis and a Russian ban on exporting wheat, rye and barley that has been in place since Tuesday are driving up grain prices. Bakers are also concerned about rising energy costs.

Bakeries will likely have to pass on higher prices to customers. The meat industry has also complained about exploding costs and wants more money from Edeka, Rewe, Aldi and Co. for its products. However, according to the Federal Statistical Office, consumer prices for food and non-alcoholic beverages in February were already 5.1 percent above the previous year’s level. (dpa)


Source link

- Advertisement -

New Articles