Poles experienced an average price increase of over 15% in III

According to the latest report entitled PRICE INDEX IN RETAIL STORES, in March this year, everyday shopping was more than 15 percent more expensive compared to the same period in 2021. All analyzed product categories went up. Fat products went up by almost 54 percent. Loose products were in second place. They cost nearly 25 percent more than a year ago. Next in the list is meat with an increase of more than 22 percent. According to experts, further, even double-digit price increases in stores should be expected. And this year's holidays will be one of the most expensive holidays that Poles have experienced in recent years.

“Recently, one of the factors driving up prices in stores was Russia's attack on Ukraine. In turn, the reduction of VAT is practically imperceptible to consumers. In addition, this tax was abolished only in the case of some products that became so expensive that the government tax relief does not actually do much,” Katarzyna Grochowska from Hiper-Com Poland commented.

As one of the co-authors of the study, Michał Pajdak from the WSB University in Poznań noted, the government anti-inflation shields are unfortunately working poorly in this matter. Perhaps, if they had operated under slightly different conditions, they would have been more effective. According to the expert, the war obviously made the situation worse. However, this is certainly not the main reason for the high prices in our stores at the moment. The reasons are primarily the increases in the prices of all raw materials and goods on global stock exchanges.

(MondayNews)