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Low price stores 'not cheaper'

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Low price stores 'not cheaper'

If you just want the basics, it makes little difference which chain you buy your groceries from, according to a report released on Thursday.

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The survey, by the Swedish National Pensioners’ Organisation, showed that there was a minimal difference between different food chains, and that the cost of products from some 60 stores was nearly the same.

“The difference is only 1 percent, so if you want to low-price products, it doesn’t matter where you shop,” said Carl-Erik Thörngren, the organization’s spokesman.

The survey compared prices at 60 different low-price products at several chains in Sweden, including 88 stores operated by Coop, ICA and Willys and the 'low price' chains Lidl and Netto.

The difference in cost between the most expensive and cheapest shopping trip was only 10 kronor.

The survey evaluated prices on everyday items such as pasta, bananas, toothpaste, and frozen meatballs. Coop was the cheapest, costing 873 kronor, while Citygross was the most expensive – but only by 10 kronor.

The survey took place May 8-12. Special sale prices were not counted in the survey. The group said food prices increased overall by 8.6 kronor in 2005 compared to last year.

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