The profitability of the domestic food industry does not improve

Recently all cost factors have increased at the food processors, which were hardly enforced in  transfer prices. In addition, feed prices are going up significantly.

Last year's figures clearly show that the domestic food sales have decreased, the exports could offset it to a point, thanks to the weak forint. But this was not sufficient in case of most sectors, to improve profitability. Although the consolidated results of the 2011 fiscal year are not yet available, it is very plausible that the industry’s result did not improve, compared to the previous year, ie it will be around 40-50 billion HUF. (Világgazdaság Online, Braunmüller Lajos)