The major market trends forecast significant food price increase
The Advocacy Producer Associations expect a significant increase in the price of basic food. The chains can hold back price increase with cheap imports. The crisis tax also tends towards price increases, especially if the economy does not accelerate.
Acccording to the recent datas of the Central Statistical Office; the price increases of food pulled the inflation this year. While in October, the price level rose by 0.4 percentage points, compared to September, food prices increased by 1.5 percent. On an annual comparison: beside the 4.2 percent inflation food prices rose by 5.3 percent – reports fn.hu.
Related news
Related news
Annual inflation in the OECD slowed to 4.2 percent in March
The average annual increase in consumer prices in the member…
Read more >New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines…
Read more >Hygiene without compromises
According to Viktor Hegedűs, senior brand and shopper activation manager…
Read more >