Pork prices may increase through the next four to five years
The domestic meat industry has never bought pork so expensive from abroad, the import price per kilo is close to 600 HUF – 24.hu wrote.
The rise in prices was almost 30 percent in one year and the trend is likely to continue in the coming months due to the African swine fever. The retail price of pork is expected to increase by another 5-8 percent, which is also due to the weak forint – Raskó György economist and farmer projected. (Tamásné Szabó Zsuzsanna, 24.hu)
Related news
Social commerce predicted to reach $1 trillion by 2028
A new study forecasts skyrocketing growth for the social commerce…
Read more >Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >China filed the most GenAI patents
According to the latest report from the World Intellectual Property…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >