Potato prices are rising

By: trademagazin Date: 2016. 02. 29. 11:50

The price of potatoes are increasing explosively since last autumn. Compared to the previous year now 40-50 percent have to be paid for potatoes – Népszabadság Online wrote on the basis of the data of the Agricultural Economics Research Institute.

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The retail price of potatoes is around 170-190 HUF nowadays and extremely fluctuated in the previous years. The market participants primarily explained this fluctuation with the weather: if summer is dry, fewer potatoes grow, while in wetter years, much more and due to the summer drought, less potatoes were produced across Europe while the irrigation costs have increased. (Batka Zoltán, Népszabadság Online)

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