Latvian stores to revise shelf contents, says expert

In the second half of the summer and fall, the contents of shelves at grocery stores will change significantly as manufacturers and traders get rid of products people do not buy due to inflation, said Inguna Gulbe, head of agro resources and economy institute (AREI), on Latvian Television May 26.

The AREI representative said that the two big unknowns – the Russian war in Ukraine and the Covid-19 pandemic – have not yet finished affecting food prices.

Gulbe said: “Nothing has happened to say that [food] prices will stop rising. The problems raising the price have not ended. Unfortunately, we will see more price increases. […] The average [food] price hike could be up to two times."

She noted that the contents of shelves could change radically in grocery stores in the fall. However, that there is no cause for concern because the stores' shelves would still contain all food products, just in a different way.

“Producers are looking at how to make this product cheaper. [..] For example, cheaper packaging, [..] changing a bit of recipe, but that doesn't mean it's worse,” Gulbe said.

Seen a mistake?

Select text and press Ctrl+Enter to send a suggested correction to the editor

Select text and press Report a mistake to send a suggested correction to the editor

Most important

Please be aware that the LSM portal uses cookies. By continuing to use this site, you agree that we may store and use cookies on your device. Find out more

Accept and continue