The price of cooking oil could increase by 20-25% in the summer
The Ukrainian-Russian war is exacerbating global food price inflation. Ukraine is hungary’s number one exporter of cooking oil, but with the war, the export of this sector has also become completely impossible. The price of cooking oil may increase by 20-25 percent by the summer, but crystal sugar, flour and abrak feed are also more expensive, according to agricultural economists.
Related news
Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices…
Read more >Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food…
Read more >Róbert Zsigó promises serious control of margin restrictions
We will protect families and pensioners, we will prevent unjustified…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >