This is what may cause additional 30-40 percent increase in the price of bread
According to the calculations of the National Association of Agricultural Cooperatives and Producers, as a result of the increase in energy costs, the drought and the poor grain harvest, the price of bread may increase by up to 30-40 percent. Meanwhile, a master baker from Zala County decided to close because his electricity bill would triple from August. ATV News report.
A master baker from Zala County bakes a few more loaves, then pulls down the curtain. So far, he has received electricity for HUF 70 per kilowatt, from next month the amount will be HUF 240: “From the first of August, my electricity bill will be so high that I won’t be able to pay for it anymore, so unfortunately I have to close the workshop,” he admitted sadly.
Related news
Despite economic recovery, the number of insolvencies has increased in the Central and Eastern European region
The annual insolvency report for Central and Eastern Europe (CEE)…
Read more >Annual inflation slowed in the euro area and the EU in May
Annual inflation slowed in both the eurozone and the European…
Read more >K&H: Hungarian economy could grow by 2.5-3 percent next year
Based on the current, uncertain outlook, after the 0.5 percent…
Read more >Related news
GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >An unusual competition could create the shopping experience of the future
Registration is now open for Hungary’s first shopping mall hackathon.…
Read more >Croatian real estate fever subsides: investors are looking for new targets
The Croatian coast has been unwaveringly popular among Czech holiday…
Read more >