In December 2024 year the prices of daily purchases increased on average by 5.6% year, but it is the economic chemistry that recorded the largest increase – by 10.3%. In comparison to the previous months, when this category ranked at the end of the statement, the increases had strongly accelerated. Experts point to increases in energy and gas costs, but also to greater profits for traders in the pre-Christmas period. Will the price in this category be supported?
Prices in stores continue to increase. The dynamics of growth are not weakening, but they are not going strongly up. In December ub. daily purchases december are more expensive by 5.6%, that is only slightly more than in November or in October – by 5.5% and 5.4%, respectively. Such as previously, all analyzed categories increased in price. This time the largest increase rd was accounted for business chemistry – by 10.3%. In TOP5 dairy shows there are also fat articles (butter, margarine, oil etc.) with increase rdr. at level 8.8%, vegetables – 8.6%, sweets and desserts – 8.4%, and also fruits – 8.2%. From college at least decreased food for animals, products sugar and hygiene personal – by 0.2%, 0.3% and 0.4% rdr.
In December 2024 year daily purchases rose on average by 5.6% rdr
According to the latest report pt. “INDEX prices in retail stores “, authored by UCE RESEARCH and University WSB Merito, in December 2024 year daily purchases had increased by 5.6% on average year. This affected food, beverages non-alcoholic and alcoholic beverages and other assortment, in this including chemicals business, art. for children and measures of personal hygiene (total 17 categories). For comparison, in November or.year growth rd (calculated according to the same method) was 5.5%, and in October – 5.4%.
– Prices admittedly have followed the consecutive month of the order increasing, but very significantly. And this is consistent with the general inflationary trend. The reduction of dynamics of growth is highly influenced by decline in consumer demand, which is reflected by weak data on retail sales in Poland. Additionally the increases in the period before Christmas have been mitigated by promotions and the maintaining price competition of trading networks – says dr Tomasz Kopyściański of University WSB Merito.
Do this analysts from UCE RESEARCH estimate, that the great increase in prices has been hampered by same trade networks, because on some products they have visibly reducedmargins. They also added more credit actions. If they didn’t do then with certainty the growth would be greater – on total even by ok. 0.5-0.8% year. The report also shows, that in December br. each of 17 monitored categories had increased (from 0.2% to 10.3% year). Similarly was in November (from 0.2% to 16.6% year). – The decrease in top value and the approach to bottom in December was directly from the stabilization of prices of vegetables. In November or ub they had increased by 16.6% december and were at the leading rankings – reminds dr Tomasz Kopyściański.
Chemistry economic king the king of the road
This time at the top of the road has become economic chemistry with increasing rdr. by 10.3%. In November was on one of the last position with an increase of 0.6% year. For comparison, in October it became more expensive rd by 1.2%, and in September – by 4.9%. – Before holidays sales of economic chemicals increase by some percent. Traders take advantage of this situation, to increase profits. Additionally the increases are transferred to increase the price of electric energy and gas – comments dr hab. Slawomir Jankiewicz, prof. University WSB Merito.
In the second place in the list (just as previously) see fat articles (butter, margarine, oil etc.) with an increase of 8.8% rdr. In November the increase was 10.4% rdr. From the bottle in October w. the category was out TOP5. Then it increased by 6.9% rdr.
– The biggest impact on changes in the price category is the still unstable situation in the market of butter. In the second half of December the situation slightly improved by the announcement of the resource of this product by the Government Reserve Strategic Agency. Huge impact on the level of prices has also been given the global decline in production of leaf plants. In world markets there is an expense especially sunflower oil and hung oil – notes dr Tomasz Kopyściański.
Third in the whole ranking (previously – first) are vegetables with growth of 8.6% rd. In November they became more expensive rdr. by 16.6%, a month earlier – by 11.1% rdr. – The smaller tempo of growth results from compensating already increases, resulting from the replacement of domestic vegetables for imported and from the increase in the holiday period for those articles. This allowed to lower margins of some markets. Prices however are increasing, which is a result of weak harvests in 2024 year -.emphasizes prof. University WSB Merito.
On the fourth position were sweets and desserts (a month earlier – on the third place). This time they rose by 8.4% year. In November the increase was 10.2%, and in October – 10.4% year. – The decrease in dynamic increase in prices is resulting from good perspectives on sugar production in Brazil, India and Thailand, and also f decreasing demand. Negative factors include increasing prices of cocoa, increasing charges for energy and increasing wages – explains dr hab. Slawomir Jankiewicz.
Setting TOP5 price closes fruits (previously th fifth place in the table as a whole) with a performance of 8.2% year In November they became more expensive year. by 7.4%, and in October – by 9.9%. – The increased dynamics of growth are influenced by several factors. One of these is limited supply, being a consequence of weak domestic harvests. In addition to this climatic changes and disease destroying a number of foreign crops, such as. oranges, significantly translate into high prices in shops – analyzes dr Tomasz Kopyściański.
Behind the TOP5 it has recorded the beverage with an increase of 8.1% rd. Further in the ranking are non-alcoholic beverages with an increase rd. at level 7.7%, consumables – 5.6%, fishes – 5.6%, a also art. for children – 5.1%. Then there is bread, whose prices rdr. have gone up by 4.9%.
– Increases in prices in most categories result from increased costs of production. And yes fiber is getting more expensive along with energy, feeds for animals and work in agriculture, but also in relations with growing demand for milk in powder in Asia. From the bottom the increases in the price of consumables are the effect of both the decrease in coffee production, as and the increase in demand for alcohol and cigarettes. In contrast, bread has become more expensive through higher charges for energy and wages, which have increased through the whole 2024 year – calculates dr hab. Slavomir Jankiewicz.
Under the end table the costs can be seen of meat and meat. The increases averaged a 3.4% and 3.1% rd, respectively. – The situation in the meat market stabilized in last months mainly due to significant changes in the purchase price of livestock. Additionally for the second year from the order recorded weaker, than expected, pre-holiday consumer demand for meat – remarks dr Tomasz Kopyściański.
From collectionsatleastinDecemberthefoodforanimals-onlyby0.2%rdr.(similarasinNovember).Beforetheirinrankingareproductsfluidwithincreaseby0.3%rdr.(previously-0.4%rdr.).Highervisiblemeasureshygienepersonal-increaserdr.atlevel0.4%(monthprevious-4.9%rdr.).alsoaboutlessthan1%,that is.by0.9%,thefood additiveshave become more expensiveyear,asomustards,ketchupsandmayonnaise(inNovember-2.4%year.).
-Forthesmallestincreasesthekeyroleisplayedbythebase effect.In2023yearanimalfoods,hygienepersonalmeasuresandfoodadditiveswereformanymonthsleadersoftherankings.Additionalimportanceintherelativelyslightincreasesinpricesforanimalshasstabilizedinlastmonthsthepricesofmeatanditsderivatives,beingtheingredientsoftheseproducts-summarizesdrTomaszKopyściański.