The Association of Portuguese Distribution Companies (APED) expresses serious concern over the rapid increase in fuel prices, warning that this will soon affect the final cost of goods in supermarkets.
In statements made on RTP Antena 1, APED's CEO, Gonçalo Lobo Xavier, noted that the entire value chain is under pressure. He emphasized that despite government attempts to mitigate the consequences, such as reducing ISP, the entire chain—from agricultural production and transport to agribusiness and non-food sectors—is experiencing widespread cost increases.
Gonçalo Lobo Xavier specified that some areas are feeling stronger pressure, especially in the meat segment. He explained that the rise in protein prices, whether animal or otherwise, is due to the increased cost of feed and fertilizers, which in turn is linked to higher energy and fossil fuel prices.
He added that to maintain balanced prices amid retail competition, companies have had to reduce their own markups.
According to data from the Energy Services Regulator, this week the price for standard gasoline 95 rose to 2.115 euros per liter, and for standard diesel fuel to 2.188 euros per liter.