György Raskó: trappist will be HUF 1,000 cheaper if the price cap on milk is lifted
If the price cap on milk is introduced, a range of dairy products, including Trappist, would immediately be much cheaper.
“If the price cap were to be abolished, prices would start to fall after 3 weeks, and much healthier competition would develop – said agricultural economist György Raskó on the RTL Morning show”
The expert derived the evolution of prices using the example of the 2.8 percent milk with a price cap.
“Since the 2.8 percent milk received a price cap, people got used to it from second-hand milk, so milk with a much higher fat content absorbed the fat from butter, sour cream, and cheeses, which had to be purchased from abroad, which increased production costs.”
The specialist sees this year as easier from an inflation point of view. As he said: Ukraine is a huge exporter, it will deliver flour, chicken breast, corn and cooking oil to the European market much cheaper, which will reduce inflation.
Related news
Amazing price hike on the dairy product market – more and more people may turn to imports
According to the Hungarian Central Statistical Office (KSH), dairy products…
Read more >Another price cut at Lidl: 30 types of milk and dairy products will be cheaper
Hungarians will receive further help with their everyday shopping: Lidl…
Read more >The Milk Products Council has been educating children for 20 years
We are proud that our organization, the Milk Product Council,…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >