Brutal rise in prices in Hungarian shops: these foods are slowly becoming a luxury

Published 2020년 7월 15일

Tridge summary

Consumer prices in June rose by 2.9% compared to the previous year, with food prices increasing by 7.8%. The price of certain foods such as sausages, potatoes, fresh vegetables, and fruits increased by up to 20.5%. Alcoholic beverages and tobacco prices also rose by 6.7%, while fuel prices increased by 9.3% due to a rise in oil prices. The weakening forint and supply chain issues, including the swine fever in China, have contributed to the price increase. GKI Economic Research predicts that the average food price growth will be around 8% this year, but it may fall to 4% next year. Inflation is expected to be around 3% by the end of 2020.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to CSO data, consumer prices were on average 2.9% higher in June than a year earlier. Food prices rose much faster, by 7.8%, for example in Paris, sausages (+ 20.5%), potatoes, fresh vegetables, fresh domestic and southern fruits, ie seasonal food (+ 18.1%). %), pork (+ 17%), sugar (+ 14.2%), salami, dry sausages and ham (+ 10.8%). Prices of alcoholic beverages and tobacco also rose above average (+ 6.7%), of which tobacco prices rose by 11.1%. The price of fuels jumped a lot compared to May, due to the rise in oil prices the price rose by 9.3%, but the price of fuel fell by 11.6% compared to the previous year, he collected the 24th. A pound of apples costs almost twice as much as last year. The price of apples per kilogram increased from 289 forints to 546 forints (+ 89%), lemons to 1030 forints instead of 709 forints (+ 45%), oranges to 667 forints instead of 468 forints (+ 43%), Italian cuts per kilo to 2090 forints instead of 1650 forints It is available for HUF (+ ...

Source: Agrarszektor