As food prices saw an inflation rate of 21 percent in August, shoppers have started to buy more lower-priced foodstuffs, such as vegetables, while there has been a large surge in interest for discounted items in those areas where prices have risen, such as in dairy produce, a spokesperson for one supermarket chain says
The e-stores of Estonia's grocery chains have seen a significant decline in sales volumes when compared to levels at the peak of the coronavirus pandemic. At the same time, the pandemic helped e-stores to grow their customer bases, with some still preferring to buy groceries online rather than shop in physical grocery stores. However, maintaining e-stores in the current economic climate will be a challenge in its own right.
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Supermarket sales in Estonia decreased 2 percent on year last month. Traders confirm that people's shopping habits have changed as a result of rising grocery prices, but that's just the beginning most groceries' prices remain on the rise, due to which an even bigger drop in sales can be expected.
Ahead of this fall and winter, continuing high electricity prices have both the City of Tallinn and businesses in town worried. While no quick fixes exist, increasing amounts of electrical equipment are being replaced with more modern solutions, the impacts of which will be apparent within a few years' time.