13:15 7 September 2024
Year-End Could See Price Increases of Up to 6-7%, Experts Warn
Market experts predict that after the summer, everyday shopping will become about 5 percent y/y more expensive. They attribute this to factors such as rising inflation, gas, and electricity prices, as well as an improvement in Poles' financial situation. They also mention that the price war among retail chains will slow down to some extent, as consumers are growing tired of it. Something new will need to appear in the market, and if this happens, rising prices will no longer be curbed.
Some experts even predict that before Christmas, price increases could reach 6-7 percent y/y, which would be another shock for consumers. However, other market analysts argue that retailers won’t be able to raise prices by this much during the holiday season, as it could lead to reduced shopping. One thing is clear: prices in stores will continue to rise.
(MondayNews)
