Food inflation around 30% in July
Data by the Central Statistical Office (KSH) reveal: consumer prices elevated by 13.7% in July 2022, in comparison with July 2021. In one month prices became 2.3% higher on average. Food prices rose 27%, in comparison with July 2021. Margarine cost 65.8% more, the price of bread increased by 57.9%, cheese became 52.6% more expensive and we had to pay 43.8% more for dairy products. Alcoholic drink and tobacco product prices increased by 11.2%. Compared with June 2022, food prices were up 4.1%. //
The above article is available for reading on p 156 of Trade magazin 2022.08-09.
Related news
KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >The reference prices for the 2024 damage mitigation benefit have been published
Damaged producers will be able to submit their application for…
Read more >Related news
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >Ryanair’s profit decreased in the first half of the business year: a moderate result despite an increase in revenue
Ryanair, one of Europe’s largest low-cost airlines, posted a significant…
Read more >Omnichannel Scale 2024: How can Hungarian retailers remain competitive?
The Omnichannel Scale 2024 study gives a comprehensive overview of…
Read more >