The increase in oil prices increases the price of agricultural products
Cereal prices may increase significantly, or at least the recently seen rise in oil prices forecasts this trend – portfolio.hu wrote.
In the former agricultural inflationary cycles the oil price rise preceded the increase in grain prices by about half a year. The oil is now rising of over 30 percent a year / year basis and the increase in the price of agricultural products has also begun. (portfolio.hu, Seeking Alpha)
Related news
Natur’A bread range
Lantmännen Unibake’s newest brand, the Natur’A bread range contributes to…
Read more >Csökkentette az élelmiszerárakat az árrésstop és az online Árfigyelő bővítése
2025 áprilisában csökkent az infláció és az élelmiszerárak növekedési üteme…
Read more >Is life cheaper beyond Komárom? – Hungarian shoppers flock to Slovakia to save money
According to a recent investigation by Mfor.hu, shoppers from Hungary…
Read more >Related news
KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the…
Read more >Chemical cocktail on your plate: alarming data on the contamination of European food
According to a recent report by the European Food Safety…
Read more >GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second…
Read more >