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Price adjustments & exchange rates 2023

We’ve been seeing price increases in every area of life for some time now. In Austria, the rate of inflation in November was 10.6% according to estimates from the Statistics Austria. In Germany, inflation increased by 10% in month-on-month comparison. At European level too, the Harmonised Indices of Consumer Prices (HICP) stood at +11.1% in November 2022. Rising costs for commodities, in the areas of shipping and packaging and, most notably, for energy, are now having an effect on RINGANA’s products.  

RINGANA PRICE ADJUSTMENTS SIGNIFICANTLY BELOW CURRENT INFLATION RATE 

For the above reasons, RINGANA is forced to implement its annual price increase with effect from 03.01.2023. “On average, we have to increase the prices of our core range by around 6.1%.That means we’ve been able to stay significantly below the rate of inflation, and are only passing on as much of the massive cost increases along the value chain to our customers as is absolutely necessary. Each product is being individually analysed, always with the aim of keeping the price rise as low as possible,” is the assurance from Clemens Taschée (Director Finance). 

“By adjusting our prices, we can continue to maintain the highest standards for our core values of FRESH, EXCELLENT, TRENDSETTING for all of our products, with no compromises,” adds Corina Ronge (Director Intern. Partner Relations). 

SUMMARY OF THE MOST IMPORTANT FACTS 

The new prices will take effect on 3 January 2023 (12 noon) and will be shown in our price list. The latest updated prices and rates are shown in the various languages in Downloads in your Online Office on ringana.com

We trust you will appreciate that owing to these changes, certain printed material in our shop may be temporarily sold out. 

 

YOU GET A HIGHER POINTS VALUE 

As part of the price adjustments, from the February statement which will be issued at the beginning of March 2023, you will also see an increase in your points value – equal to the average price adjustment (6.1%). 

In future 1 point will have a value of € 1.272 (previously € 1.199).
Italy: 1 point will be worth € 1.205 for PaP con IVA (previously € 1.136)
France: 1 point has a value of € 1.172 for VDIs (previously € 1.105)
Switzerland: 1 point will be worth € 1.205 (previously € 1.136)

 

There will also be adjustments with regard to the handling charge, the small commission threshold and the Business Booster Starter Set:

  • Handling charge: € 7.00 (effective from 03.01.2023) 
  • Small commission threshold: € 65 (applies with effect from the February statement)  
  • Business Booster Starter Set: € 34 (effective from 03.01.2023) 

 

EXCHANGE RATES FROM 03.01.2023 

CHF: CHF: € 1 = CHF 1.02


GBP: € 1 = GBP 0.87


PLN: € 1 = PLN 4.70


CZK: € 1 = CZK 24.50


HUF: € 1 = HUF 410


DKK: € 1 = DKK 7.45


SEK: € 1  = SEK 10.90

 

THE SAME POSTAL CHARGES EVERYWHERE – SO INTERNATIONAL 

All countries will pay the same postal charge of €6.50. Individual orders with a value of € 80 and over are delivered free, and the same applies to group orders worth € 100 or more.

You will find the latest shipping and payment terms and further information about delivery times and express shipping charges at www.ringana.com/versandinformationen/  

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