Hungarian food losing ground

By: trademagazin Date: 2007. 10. 31. 08:00

Zoltán Fórián, head of division, Agrár-Európa Kft., pointed out that there is confusion in the press regarding the expected increase in demand and the extent of price rises. According to the latest OECD/FAO forecast, only less drastic price rises are expected in the next 5-7 years. As a result of increasing production costs, the market share of Hungarian food is shrinking.

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