Bakery products can become more expensive
We can expect a further increase in the price of bakery products this year – rtl.hu reported.
According to a fresh report of the Central Statistical Office (KSH), wheat is 23 percent more expensive than a year ago. Drought in Western Europe increased grain prices on the world market.
Hungarian bakery products now cost 5-10 percent more than last year, and the GKI Economic Researcher expects an additional 5 percent increase on average. (rtl.hu)
Related news
The GKI business climate index reached a four-month high in August
According to a survey conducted by GKI Economic Research Co.…
Read more >GKI Analysis: Trust may be the key to the spread of artificial intelligence
In July, GKI conducted a survey on a representative sample…
Read more >Artificial Intelligence in the Workplace: Who Uses AI?
The GKI conducted a survey in July on a representative…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >