Major German Supermarkets Cut Butter Prices Below €2
Leading grocery chains in Germany reduce the price of 250g packs of butter to €1.99, marking a significant drop from record highs in late 2024.
- Lidl initiated the price reduction, prompting competitors like Edeka, Netto, Kaufland, Norma, and Penny to follow suit with similar cuts to their butter prices.
- The new price for a 250-gram pack of German brand butter is €1.99, a 20-cent or 9% decrease from the previous price.
- Butter prices had reached an all-time high of €2.39 in October 2024 due to reduced milk production and lower fat content caused by factors like the Blauzungenkrankheit disease in livestock.
- This marks a continuation of price volatility in recent years, with butter prices ranging from €1.39 in mid-2023 to record highs in late 2024.
- Aldi Süd and Aldi Nord have not yet confirmed whether they will join the price reductions, though industry trends suggest they may follow soon.