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The Secret Price Fixing of Supermarkets

The Secret Price Fixing of Supermarkets

RTL

RTL Extra

What is more expensive and what is cheaper for Christmas shopping in 2024 compared to 2023?

What is more expensive and what is cheaper for Christmas shopping in 2024 compared to 2023?

Aachener Zeitung

Many sweets that are popular for Christmas have also become more expensive. This is shown by an analysis from the price comparison portal Smhaggle for the German Press Agency. Own-brand Christmas chocolates in supermarkets and discounters cost 50% more in November than a year earlier, while Lindt's Christmas figures rose by nearly 7%. The prices for Dominosteine were 12% higher. For gingerbread hearts with milk chocolate, the price increase varied by type, reaching up to 32%.

Christmas sweets up to 50% more expensive

Christmas sweets up to 50% more expensive

Das Handelsblatt

Especially during the most important season for chocolate manufacturers, the Christmas season, prices are higher than they have been in a long time. For example, Lindt's Santa Claus costs €3.19 – seven percent more than a year ago, according to an analysis by the price comparison portal smhaggle for Handelsblatt.

 ZDF today: Chocolate Santa up to 50 percent more expensive.

ZDF today: Chocolate Santa up to 50 percent more expensive.

ZDF

Customers in Germany currently have to pay significantly higher prices for chocolate than they did a year ago, according to an analysis. This is particularly noticeable at Christmas: depending on the brand and size, chocolate Santas are up to 50 percent more expensive, gingerbread hearts up to 32 percent, and domino stones 12 percent more. This is shown by an evaluation from the price comparison portal smhaggle for the Deutsche Presse-Agentur.

Chocolate products significantly more expensive than a year ago

Chocolate products significantly more expensive than a year ago

manager magazin

Chocolate Santas are up to 50 percent more expensive, depending on the brand and size, gingerbread hearts up to 32 percent, and domino stones 12 percent. This is shown by an analysis from the price comparison portal smhaggle for the Deutsche Presse-Agentur.

Fewer chocolate Santas produced than in 2023.

Fewer chocolate Santas produced than in 2023.

Stern

Chocolate Santas are often significantly more expensive than a year ago. This is shown by a recent analysis from the price comparison portal smhaggle for the Deutsche Presse-Agentur. According to the analysis, customers are paying up to 50 percent more, depending on the brand and size. The reason for this is the rise in cocoa prices, which has increased sharply due to poor harvests this year.

Food: record price for butter

Food: record price for butter

Tagesspiegel

(...)Butter now costs 10 cents more than in the summer of 2022, when the previous highest price was recorded. The shelf prices for branded products are also currently higher than they were at that time, according to data from the price comparison portal smhaggle.

 Rising Prices: It's the discount brands driving the Inflation

Rising Prices: It's the discount brands driving the Inflation

Tagesspiegel

Generic products are booming. These have risen in price more than branded products. Even brand manufacturers are now producing budget products – but it's not a guaranteed success.

smhaggle as the data provider.

How retailers coordinate prices – and why this is not illegal.

How retailers coordinate prices – and why this is not illegal.

Südwest Presse

Food inflation is troubling consumers on both sides of the Atlantic. In the U.S., rising supermarket prices were a decisive factor in Donald Trump's campaign. The increased prices of eggs, in particular, were frequently discussed. According to data from the Federal Statistical Office, food prices in Germany also rose by more than twelve percent in each of the past two years. And consumers are feeling little relief from the inflation, which is expected to significantly slow down in 2024. For example, butter remains very expensive.

The Discount Store Myth (Print)

The Discount Store Myth (Print)

Handelsblatt

smhaggle provides complete price transparency. In this app, customers scan and upload their grocery receipts, and in return, receive alerts on special offers. Over six million receipts have been collected this way. Additionally, smhaggle receives price data directly from retailers. The result: all major grocery chains tend to sell products at the same shelf price, explains Reuter."

Same prices in supermarkets: The trip to the discounter is less and less worthwhile

Same prices in supermarkets: The trip to the discounter is less and less worthwhile

WISMAR FM

A check of hundreds of products by the price comparison app Smhaggle on behalf of the newspaper revealed that no matter which large supermarket or discounter the customer went to, the price of a product was ‘identical to the cent everywhere’. For the customer, it is ‘practically irrelevant which shop they go to’, smhaggle founder Sven Reuter is quoted.