Mercadona is among the Three cheapest supermarkets in Palma. Concretely, according to the annual study of the Consumers and Users Organization (OCU), the physical supermarket and the online sales company are the second most economical from the capital of the Balearic Islands, only behind Alcampo, while third place is occupied by Eroski.
At the national level, the OCU study indicates that Mercadona is among the three cheaper supermarkets from up to 43 Spanish cities. In addition, in locations such as Vitoria, Ciudad Real, Pamplona, Pontevedra, Segovia, Toledo, Barakaldo and Bilbaois the chain that keeps the lowest prices.
Regarding the cost of the basket in Spanish supermarkets, the OCU publishes in its report that prices have up 2.9% in the major supermarket chains. Although this increase is more moderate compared to the strong increases of 12.1% and 12.7% recorded in the two previous yearscontinues to pile up on previous prices, which continues to affect family budgets.
On the other hand, the Consumers and Users Organization warns that, although there are indications that the worst case the inflationary crisis could have passedIt is still too early to be optimistic, as food expenditure continues to absorb a significant share of household income.
Mercadona price leader
However, supermarkets like Mercadona are trying to mitigate the problem of inflation. For example, the chain founded by Juan Roig has just achieved a olive oil price drop. In concrete terms, the supermarket line will leave the price known as liquid gold below the 7 euros per liter.
In 2024, Mercadona continued its strategy of price reductionfocused on olive oil, a staple of the Mediterranean diet. After several adjustments throughout the year, the supermarket chain has decided to lower prices on the varieties again. Soft And Intense in 1 and 3 litre formats.
These parameters are reflected in a significant cost reductionwith a 25% drop in the price of these varieties since the beginning of the year. Specifically, the price of a one-litre bottle of the Suave and Intenso varieties has dropped to 6.95 euros, compared to 7.62 euros previously, which represents a drop of 0.67 euros.
