Growth fails to affect spending in supermarkets

Spending in supermarkets remains particularly low, as despite the recovery recorded in certain economic indexes, the effect has not yet trickled down to households so that disposable income for consumption remains limited.

According to the latest survey by the Athens University of Economics and Business on consumer behavior seen by Kathimerini, Greek households spend an average of 278 euros per months in supermarkets, which is marginally higher than last year's mean rate of 274 euros and significantly lower than the reference level of 300 euros.

The AUEB survey confirms the stagnation of the supermarket sector, as the IRI market survey showed a marginal 0.2 percent increase in turnover in the first couple of months of 2018.

Overflowing supermarket baskets are a thing of the past, the figures show, with just 3.8 percent of consumers saying they spend over 100 euros...