The curve of rising food prices is flattening

By: Trademagazin editor Date: 2020. 06. 09. 11:50

The curve of rising food prices seems to be flattening in June just like the epidemic curve – this is evident from the results of Privátbankár.hu’s latest Price Basket survey. The annual price increase is lower than in recent months, and a slight decrease in prices has also been measured on a monthly basis.

The turnover will not decrease, the sales revenue will increase nicely – there will be something to pay a special tax on.

As can be seen from the KSH’s recent retail statistics, the coronavirus pandemic barely pushed back the turnover of food stores – although the latest data refer to April, when the number of new infections rose sharply, but there was no sign of panic purchases in March. (privatbankar.hu, Gáspár András, Valkai Nikoletta)