Baked goods have become more expensive, but you can get them cheaper in Hungary

Published 2022년 11월 25일

Tridge summary

Inflation in Hungary has reached 21.1%, leading to a significant increase in food prices, with bakery goods seeing a rise of over 50%. Your morning pizza is now hard to find for less than HUF 4,000. To combat these rising costs, the government has introduced fixed prices for essential baking ingredients like refined wheat flour and granulated sugar. As more products are added to this list, and with the surge in energy costs, baking at home can help save money. However, the increased energy costs may offset some of these savings.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to KSH data, inflation reached 21.1 percent, and food prices increased by 40 percent in one year. However, bakery goods have seen an even greater price increase: they cost more than 50 percent more. Furthermore, we can pay 81.4 percent more for bread, and 64 percent more for cocoa snails on average. Csaba Antal, the managing director of Pek-Snack, previously told Index that the growth rate for flour in September was over 100 percent compared to 2021. According to the head of Pek-Snack, due to the persistent rise in the price of raw materials in recent months, psychological price points are being broken in the minds of some consumers, who are reducing their consumption because of this, because the thought "I won't buy it for that much" is forming in their heads. Not to mention that, for example, you can hardly get away with ordering a pizza for less than HUF 4,000. Due to the coronavirus and brutal price increases, baking and cooking at home is becoming more and more ...
Source: Index

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