Bakeries in Hungary are facing challenges due to increasing costs, which may lead to the closure of hundreds of businesses in the next year or two. The rise in flour prices, along with raw material and shipping costs, is pushing up the prices of bakery products. From December, flour prices are expected to increase further, with other raw materials also becoming more expensive. The Hungarian Bakers' Association expects that around five hundred bakery businesses out of the current nine hundred may close by the end of 2023 due to these challenges.