Lidl surprises with butter cuts: cheaper than ever!
Lidl surprises with butter cuts: cheaper than ever!
Kempten, Deutschland - The discounter Lidl and other large retailers have taken measures to reduce the prices for butter. Lidl has announced in a message that the prices for different butter products are permanently reduced. This is remarkable because the butter prices have increased significantly in recent months. Above all, the changes to Lidl concern four types of butters of the own brand and four regional products.
The new prices for Lidl products are as follows:
- Milbona German brand butter, 250 g: NEW 2.25 euros (previously 2.39 euros)
- Milbona Real Irish butter, 250 g: NEW 2.85 euros (previously 2.99 euros)
- Milbona Sødergården Mixed Cast Fat Extra, 250 g: NEW 1.99 euros (previously 2.19 euros)
- Milbona Sødergården Mixed Cast Fat Extra, 250 g: NEW 1.99 euros (previously 2.19 euros)
- Milbona pasture butter, 250 g: NEW 2.65 euros (previously 2.79 euros)
- Milbona sweet frame, 250 g: NEW 2.25 euros (previously 2.39 euros)
- Naturli Bio Organic Block, 200 g: NEW 1.59 euros (previously 1.69 euros)
- a good piece of Bavaria butter butter, 250 g: new 2.55 euros (previously 2.69 euros)
price reductions also with other providers
The competition also has price cuts, some of which are considerably. The discounter Norma reduces the prices for its own brand Landfein by up to 50 cents each. For example, the Landfein mountain farmers will reduce butter from EUR 2.99 to 2.49 euros. Kaufland has also reduced the prices for K-Classic German brand butter, while Aldi Süd offers savings at Milsani and Bavarian mountain farmer butter.
Analyzes show that butter prices have reached a record height in recent years. A 250-gram packet of butter at times cost up to 25% for Christmas pastries from 2.39 euros, since less offer is available. The high butter requirement during the holidays contributes to the pricing factors. The decline in milk production in Germany has also favored this development.
economic framework conditions
Inflation has currently been fallen to the lowest level for over three years, which together with the decline in fat content in milk is considered the reason for the price increases in butter and other dairy products. The average fat content of the milk has dropped below the normal value since February, which is considered atypical and also influences butter prices.
The butter and cheese exchange in Germany, which has been negotiating price ranges for a century, also shows how supply and demand determine the prices. Butter is considered an essential "corner price article" that reflects the general price feeling of consumers.
With these permanent price reductions, retailers want to react to the changed economic conditions. Both the price reductions and the generally falling inflation have the potential to strengthen consumers' purchasing power and to support a positive development in the food retail trade.For detailed information on the price reductions at Lidl, read Derwesten.de . Further insights into the developments can be found on Kaufda.de and Tagesschau.de Read.
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Ort | Kempten, Deutschland |
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