(MENAFN- Trend News Agency) Veyseloglu Group of Companies (VGC) has published its monthly
retail index for November 2022 which stands at 115,7%. The index
represents the dynamics in the overall price level of the most
purchased products by the company's customers over the past 24
months. It is important to note that this index does not
represent a precise level of inflation.
Veyseloglu Retail Index has become popular amongst financial
institutions and the expert community, as it provides a reliable
alternative source of data in measuring consumers' purchasing
power. It also aims to assist ordinary consumers in budgeting for
their monthly purchases.
The overall cost of the most purchased products in November 2022
was higher by 19,5% compared to November 2021. The prices of
fresh/perishable products increased by 21.3%, the prices of
non-perishable (dry, bulk, frozen foods, confectionery and soft
drinks) products increased by 20.5%, and the prices of alcoholic
beverages and tobacco products increased by 7.0%.
Veyseloglu Group of Companies (VGC) is a dynamic and
multi-faceted FMCG group that encompasses various areas of the
supply chain, from production, to distribution, to logistics, to
direct interaction with customers through its supermarket chains.
VGC genuinely believes in sustainable business models, striving to
generate long-term value for all stakeholders and the local
communities.
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