Ten strategies against hidden price increases in the supermarket

Ten strategies against hidden price increases in the supermarket

According to a report by utopia.de, consumers are repeatedly confronted with hidden price increases in supermarkets. Price increases are cleverly disguised through manufacturers' tricks such as the more-in-one trick, shrinkflation, cheaper prices or changing filling quantities. These strategies have a massive impact on prices and the financial industry.

The more-in-one trick, in which more content is advertised but the price increases disproportionately, makes consumers pay more for less. Shrinkflation, where the content of a product decreases but the price remains the same, also has a negative impact on wallets. With other tricks such as lower prices or changing filling quantities, consumers get less product for their money.

These hidden price increases not only impact consumers' purchasing power, but can also influence the market. By hiddenly increasing prices, the inflation rate can increase and consumers' trust in products and brands can decrease. This, in turn, can lead to a decline in manufacturers' sales and profits.

It is important that consumers do not allow themselves to be blinded by special offers and supposedly cheaper prices when shopping, but rather pay close attention to the contents and price tags. You should also make sure to buy seasonally and regionally to save money. The financial industry should also keep an eye on the effects of these price increases in order to be able to react accordingly.