Fruits have become more expensive this year: We are showing what will cost 141 percent more

Published 2020년 8월 6일

Tridge summary

The Central Statistical Office in Hungary has reported an increase in the prices of certain fruits, with apples seeing the highest increase at 89% year-on-year, while bananas have seen the least increase at 12%. The rise in fruit prices is largely due to damage to crops, particularly due to freezing in 2020, and a shortage of apricots and peaches in Europe. High fruit prices are expected to persist throughout the year. However, the price of vegetables is not experiencing significant increases. The price of watermelons has increased in Hungary due to the ability to export more of them than last year. Ferenc Ledó, President of FruitVeb Hungarian Fruit and Vegetable Interprofessional Organization and Product Council, believes that fruit prices cannot decrease further due to real price competition.

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

Original content

Already the latest inflation report of the Central Statistical Office (CSO) revealed that the price of fruit has gone down. At the CSO, the prices of only four fruits are observed in the detailed product list, but they have all become significantly more expensive. Apples cost 89%, lemons 45%, oranges 43% and bananas 12% more than a year earlier, 24.hu wrote. The market price information system of the Agricultural Economics Research Institute monitors far more fruits, and this series of numbers is even rougher. According to the data at the end of July (narrowed due to the epidemic), raspberries were the most expensive in the two Budapest markets included in the statistics, HUF 2,980 per kilogram, followed by gooseberry (HUF 1,380 and HUF 1,780) and apricot (HUF 980, 998). If one compares these with the prices at the end of July last year, it can be seen that apricots (+ 96% and + 150%), idared apples (+ 141%), and yellow-fleshed peaches (+ 75% and + 141%) became more expensive. It ...

Source: Agrarszektor