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
György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households
The serious problem of impoverishment is still noticeable among the…
Read more >According to international financial institutions, Hungary is returning to the path of economic growth
According to the forecasts of the international financial institutions, the…
Read more >In the OECD, inflation stagnated in February
In the countries belonging to the Organization for Economic Cooperation…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >