Suppliers have so far adhered to their side of the agreement for the reduction of retail prices, showing satisfactory response in the number of products whose price they intend to reduce, though not at the level of discounts anticipated.
Kathimerini understands that until Monday suppliers sent to the Independent Market Control and Consumer Protection Authority lists of approximately 200 product codes, which belong to the categories that the authority considers essential.
However, the vast majority of price reductions are limited to just 5%, the bare minimum agreed to between the market and the government. The “basket” so far includes some exceptions with price reductions on the order of 10%, but in no case do suppliers propose any reduction above this percentage.
Both the government and consumers are pinning their hopes on supermarket chains, which, after receiving suggested discount codes from suppliers, can then apply additional discounts.
The agreement provides that the price reduction should be at least 5%, with the aim of reaching up to 15% in the case of fresh meat (pork, beef and poultry) and 20% in other essential categories.
