Supermarkets claim their position against inflation: "No product has become more expensive due to the crisis in the Middle East"
The Spanish association Asedas calculates that distribution companies have absorbed overcosts of €70 million since the outbreak of the conflict
BarcelonaSupermarkets are claiming their role in containing food prices in the face of increased costs stemming from the Middle East crisis. In a scenario marked by rising fuel, raw materials, fertilizers, and agricultural products, the Spanish Association of Distributors, Self-Services, and Supermarkets (Asedas) boasts: "Despite everything, there is no evidence that any food product has become more expensive due to the Middle East crisis," the organization assures in a statement released this Friday.
a 2.2% increase for food and non-alcoholic beveragesa 2.2% increase for food and non-alcoholic beverages, Asedas points out that the index is four tenths lower than the previous month.
"Companies are prepared to act [...] as a containment barrier against cost increases from all operators in the chain to ensure the supply of essential products at the lowest possible prices," they emphasize. However, they also warn that the situation remains "very worrying" and that new impacts on product prices are expected due to rising interest rates and increasing rents.
have experienced an increase in revenue