Food price review welcomed by supermarkets and shoppers
Tuesday 12th February 2013, 8:30AM GMT.
SUPERMARKETS yesterday defended Guernsey’s grocery prices ahead of an island-wide review by the regulator.
Stores welcomed the investigation by the Channel Island Competition and Regulatory Authorities, but insisted there were a number of factors that impacted on Guernsey’s prices, such as the higher cost of freight, labour and rent.
Customers were also keen to hear the results of Guernsey’s comparison to other jurisdictions such as Jersey and the UK.
Cicra will launch the price probe later this month and Guernsey supermarkets were keen to remind customers of the extra costs they incurred.