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63% of Greeks plan to reduce food spending; private label products gaining popularity · Cyprus Report

Economy · Greece

63% of Greeks plan to reduce food spending; private label products gaining popularity

2 sourcesFirst reported 1 day agoUpdated 9 hours ago

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Sixty-three percent of Greek consumers plan to decrease their spending on food.
Thirty-seven percent of consumers intend to increase their purchases of private-label products.
The trend indicates that private-label products are gaining momentum in the Greek market.
These findings are based on a recent McKinsey report.

Generated by AI from the 2 sources below · always verify with the originals

AI summary: catch up in 20 seconds

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21 July

A McKinsey report confirms that 63% of Greek consumers intend to decrease their food expenditures.

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McKinsey: 63% of Greek consumers plan to cut food spendingNaftemporiki · 9 hours ago

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21 July

A McKinsey report confirms that 63% of Greek consumers intend to decrease their food expenditures.

AI summary: catch up in 20 seconds

Sixty-three percent of Greek consumers plan to decrease their spending on food.
Thirty-seven percent of consumers intend to increase their purchases of private-label products.
The trend indicates that private-label products are gaining momentum in the Greek market.
These findings are based on a recent McKinsey report.

Generated by AI from the 2 sources below · always verify with the originals