Tag #Groceries

What were the key factors contributing to the record "122 billion euro" spending on groceries in Spain during 2024?

In 2024, Spanish consumers spent a record "122 billion euros" on groceries, a 4.6% increase from the previous year. This surge was driven by a 2.5% rise in input prices, partly due to reduced government subsidies and a 2% increase in demand fueled by higher purchasing power and moderated food prices. Online grocery shopping also saw significant growth, increasing by 18%.