Bread, meat, cheese, beer, and tea rose in price the most in Hungary within the EU

By: Trademagazin Date: 2022. 09. 19. 15:32

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

There are many foods and beverages whose prices in Hungary have increased most brutally in one year, examining the entire European Union. The price of bread is skyrocketing, but also meat has become more expensive in our country, but we could also mention rice, wine, tea, and even pizza – lists Pénzcentrum.

According to Eurostat, it is impossible to find a food or alcoholic beverage whose price did not increase the most in Hungary

According to the statistical office of the EU, the average rate of price increase in Hungary was 18.6 percent already in August, which is exactly 3 percentage points higher than what was calculated by the CSO’s framework – by the way, this is the fourth highest inflation in the EU, right behind Estonia, Latvia and Lithuania.

If we only take food price increases into account, then the Hungarian price increase will not find a winner. In fact, domestic inflation is the highest in the entire European Union. According to Eurostat’s calculations, food prices increased by 34 percent on average between August 2021 and August 2022.

Of the European countries with data (there are 33), only Turkey has a higher average increase in food prices, although here it is much higher, by a total of 89 percent in the period under review. If we stay with the EU, Lithuanian food prices increased by an average of 30.1 percent and Latvian food prices by 26.3 percent in one year.

See full article here…