Chicken is more expensive than pork, Lithuania expects a record jump in prices

Published 2021년 6월 8일

Tridge summary

Experts in Lithuania predict that the cost of a food basket will reach a record high due to increasing prices of essential food items. The cost of the cheapest food basket is currently being maintained by retail chains, but it is expected to rise. The most expensive items include black bread, tomatoes, sunflower oil, thighs of broiler chickens, and herring fillets. In contrast, minced pork, hot smoked loin, kefir, bananas, butter, potatoes, and eggs are the least expensive. Both pork and chicken prices have significantly increased by 3.8% and 15.3% respectively compared to last year. The government has promised to address the issue, but so far, no concrete actions have been taken. Some Lithuanians are responding to the high food prices by purchasing food and alcohol in neighboring countries where prices are lower.

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

Original content

In Lithuania, in the near future the cost of the food basket will be a record for the entire observation period, experts predict Pricer.lt. The cost of the cheapest food basket is still kept by retail chains, but it is likely that it will soon increase. Of the 52 products tracked by the portal, 22 products became more expensive and 27 products became cheaper. The most expensive: black bread, tomatoes, sunflower oil, thighs of broiler chickens, herring fillets. The cheapest prices were: minced pork, hot smoked loin, kefir, bananas, butter, potatoes, eggs. At the same time, pork in Lithuania has risen slightly - by 3.8% more than last year. Chicken rose by 15.3% compared to last year - a record not only for Lithuania but also for Poland. Experts note that sales of pork in the networks have been growing recently. Because of this, chicken is now more expensive. Lithuanians are constantly worried about rising ...

Source: AgroReview