Bakeries in Hungary can close in bulk

Many bakeries in Hungary are struggling to survive, as the growth of raw materials and transport and energy costs can no longer be swallowed up by many players in the sector, regardless of the fact that bread and other bakery products will become more expensive, writes agrarszektor.hu . The bakers ’association estimates that in the year or two ahead, businesses that can’t produce cost-effectively could close in with hundreds, and hundreds of the existing 100,000 bakery businesses could be shut down in the next period. Rising flour prices, rising raw material prices and rising shipping costs make baked goods more expensive Bread and bakery products will not be left out of this year's price increases either, customers will be able to find more expensive bakery products in the shops in the coming weeks and months, writes Magyar Nemzet. The rise in prices is due to higher prices for raw materials and transport and energy costs. Although the level of costs has increased to a different ...