VAT reduction can (maybe) reduce prices
Sweden’s recent temporary reduction of the food VAT – from 12 to 6 percent –has coincided with a pronounced short term fall in food prices and a measurable easing of inflation.
FOOD is a joint five-year research collaboration between NHH and NorgesGruppen to generate research and new knowledge on the grocery markets, particularly on empirical issues related to market structure, competition and productivity.
News from Food
Powerplay in the beverage market
Carlsberg will take over production, sales, and distribution of PepsiCo’s portfolio in Denmark, Finland and the three Baltic countries from 1 January 2029 — an agreement that weakens Royal Unibrew and increases Carlsberg’s market share (and power?) in the region.
Sharp drop for ASDA
Britain’s supermarket chain Asda has reported a sharp 33% decline in annual core profit, a direct consequence of its aggressive price lowering strategy aimed at regaining customer loyalty in an increasingly competitive grocery market.
Crisis on the Norwegian border – jubilation in Sweden
A planned Swedish cut in food VAT could lead to a dramatic price jump between Norway and Sweden. Norwegian border shops fear that even more Norwegians will make their shopping trips to Sweden.