Major German Retailers Cut Butter Prices After Record Highs
Lidl and Kaufland lead price reductions, prompting competitors like Aldi, Rewe, and Edeka to follow suit.
- Lidl and Kaufland reduced the price of their 250-gram private-label butter packs to €2.25, initiating a price drop across major retailers in Germany.
- Aldi Nord and Süd responded by lowering their butter prices further to €2.19, a decrease of 8.5%.
- Other supermarkets, including Rewe, Penny, Norma, and Netto, announced similar reductions, making butter more affordable for consumers.
- Butter prices had reached a record high of €2.39 in October 2024 due to reduced milk production and lower milk fat content, exacerbated by the Blauzungenkrankheit outbreak.
- Despite sharp price increases over the last year, German households only slightly reduced butter consumption, with a 1.3% decline in Q4 2024 compared to the previous year.