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24. April 2022 – 8:42 watch
by Aristotle Zervos
If you want to quickly compare prices when shopping in the supermarket or at the discounter, you should not only look at the final price, but above all at the basic price. This is usually located at the bottom left of the price tag on the shelf. But from May 28th, a new regulation will come into force that will change the rules of the game when it comes to price information – to the benefit of customers. What the new price tags say and how they can help you save.
New Price Indication Ordinance from May 28, 2022
From May 28th there will be changes to the Price Indication Ordinance (PAngV). This has been valid since 1985 and is updated regularly. The PAngV determines the form in which the prices for commercial or commercial goods or services are to be communicated to the end consumer and also regulates the basic price.
The basic price is intended to enable consumers to quickly compare prices when shopping. Because in addition to the final price that you pay for the goods at the checkout, the price tag must also show the basic price.
So far, Aldi, Lidl, Netto, Rewe and Edeka have used 1 kilogram, 1 liter, 100 grams or milliliters as the unit of measure for the basic price. But that should change soon. From the end of May, only the display of basic prices in 1 kilogram or 1 liter will be permitted.
Example of basic price information
At Aldi Süd, for example, the hard cheese “Cucina Nobile Gran Moravia” costs 2.99 euros in a 300-gram pack. The displayed basic price is 9.97 euros for one kilo and is displayed as “package (1 kg = € 9.97) incl. VAT”.
Also at Aldi Süd, the hard cheese “Cucina Parmigiano Reggiano” grated in a 125 gram bag costs 1.99 euros. The displayed basic price is 1.59 euros for 100 grams and is displayed as “each (100 g = € 1.59) incl. VAT”.
A comparison is not immediately possible for customers, as the basic price is stated once in kilograms and once in grams. This should no longer be allowed from May 28th, the correct basic price for expensive hard cheese would be 1 kilogram = 15.90 euros.
For consumers, the new Price Indication Ordinance is a further step towards more transparency.
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