Rising food prices

By: Trademagazin editor Date: 2020. 07. 17. 11:50

According to statistics, average annual inflation was only 2.9% in June, but food prices continued to rise far above average, with some products rising by more than 10-20%. GKI analysts have come to the conclusion that the deterioration of money may be faster than the average detected by the KSH – agrarszektor.hu wrote.

According to the data of KSH, consumer prices were on average 2.9% higher in June than a year earlier. Food prices rose much faster, by 7.8%, for example in sausages (+ 20.5%), potatoes, fresh vegetables, fresh domestic and southern fruits, ie seasonal foods (+ 18.1%). %), pork (+ 17%), sugar (+ 14.2%), salami, dry sausages and ham (+ 10.8%). The prices of alcoholic beverages and tobacco also rose above average (+ 6.7%), of which tobacco prices rose by 11.1%. The price of fuels jumped a lot compared to May, due to the rise in oil prices the price rose by 9.3%, while the price of fuel fell by 11.6% compared to the previous year – 24.hu wrote. (agrarszektor.hu)