Hungary: We can go for cheap hot dogs at the end of the year

The weight of the difficulties can be felt in the entire sector - explained Martina Mostisch, executive secretary of the Hungarian Meat Industry Association. The meat industry cannot escape the impact of macroeconomic factors such as high inflation, skyrocketing energy and raw material prices, and the weak forint exchange rate, and the energy costs of food production have increased significantly this year. The price of live pork doubled in one year. Not only did the direct production costs increase, but the high energy prices also dragged down the prices of basic and packaging materials, and the latter could even lead to supply shortages. In the case of meat products, extra energy is consumed by storage, and the increase in transport costs makes the products even more expensive. These effects are reflected in hot dogs as well, he added. He also reported that, according to his experience, consumers increasingly take price into account when buying hot dogs - they prefer the cheaper ...