OTP Agrarian: The Russian-Ukrainian war may further increase food prices in Hungary
Food prices could rise further as an indirect effect of war
Due to the war situation there, there are no supply difficulties, as Hungary has trade with Ukraine that does not affect domestic supplies.
However, it was pointed out that Ukraine is not only the world’s leading exporter of sunflower oil, but also the world’s five largest exporters of wheat, barley, rapeseed and maize. (MTI)
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