VM: food price boom is not expected in Hungary

The Ministry of Rural Development (VM) considers those analyst opinions unfounded that predicts more brutal than ever food price boom in Hungary.

According to the communication of the Ministry, in November 2012, the increase in producer prices was 6 percent lower, compared to October than in the same period of a year ago.

The rate of food price increases in December 2012, compared to November 2012 did not increase, but decreased by 0.1 percent to 7 percent.  (MTI)