The Government is monitoring whether supermarkets are transferring the VAT reduction on basic foods to final prices. Specifically, since last January, the Ministry of Economic Affairs has been tracking the daily prices of more than 15,000 references from the main distribution chains.. And it is doing it through a web scraping tool, a 'spider bot' that allows prices to be monitored in real time and that has been developed internally by the Ministry itself, as EL MUNDO has learned.
The department headed by Nadia Calviño is analyzing the transfer of the tax reduction that came into effect on January 1 and has been extended until June 2024. A task that is being carried out “by monitoring the daily prices of more than 15,000 references from the main operators in Spain in the food retail sector, validated in turn with monthly data from the Consumer Price Index basket (IPC) of the National Institute of Statistics (INE)”, as indicated by the Government in a parliamentary response released this week.
Sources from the Ministry explain that the work is being carried out “with a web scraping tool” that collects information “from the main distribution chains”. “The data is processed to obtain the average price and is crossed with the monthly CPI data from the INE,” they add, although without specifying in which specific supermarkets the prices are being tracked.. These data, in any case, will not be made public, the sources consulted clarify.
This type of bots are used to “scrape” data on the internet. It consists of a process of extracting information from websites using software. In general, price comparison services use web scrapers to collect price information, for example, from online stores.. And in this case, the tool used has been developed internally by the General Directorate of Macroeconomic Analysis, which is part of the Secretary of State for the Economy.
In its response to several deputies of the Popular Group in Congress, the Government assures that, after more than 10 months of application of the measure, “no anomaly has been detected to date that suggests a lack of transfer of the reduction from VAT to the final price”. Thus, in response to the claims of consumer associations such as Facua, which has denounced eight supermarket chains before the Ministry of Consumer Affairs for raising the price of food with reduced VAT, the Executive defends that the supermarkets are transferring the discount to the ticket. fiscal.
The Ministry of Economy thus aligns itself with the National Commission of Markets and Competition (CNMC), which in the report published last August – prepared at the request of Calviño – confirmed that supermarkets are acting correctly regarding this measure.. “No systematic signs of lack of tax transfer have been detected,” he concluded.
To prepare this report, the CNMC consulted up to 23,995 records of establishments in the retail distribution of daily consumer goods, six different statistical databases of prices from the INE, the Ministry of Agriculture or Eurostat and, in addition, more than 60,000 price data from a dozen supermarkets. Specifically: Alcampo, Aldi, Bon Preu, Carrefour, Consum, DIA, El Corte Inglés, Eroski, Lidl and Mercadona.
In principle, Calviño did not plan to ask Competition to update the report with the monitoring of the second half of the year. But, as this media published, Economía has finally decided to commission another study. For the Government, it is key to know the global impact of the measure on price transfers, especially now that the VAT reduction has been extended until June 2024, which will mean a reduction in total collection of up to 2,500 million euros.