Hungary: When bananas are cheaper than apples

Currently, just like in 2020, all fruits are expensive, and this will not change until May, but it may not necessarily change until September, Ferenc Apáti, the president of FruitVeB, told 10perc.hu. He cited the following as reasons for this: last year's spring frosts caused significant crop losses, as almost half of the expected crop was taken away. This was the extreme rainfall in June, which ruined a significant part of the remaining crop. we have already seen the trouble with apples, see our article: Apples: a third and a half of the crop was lost.) This, in turn, raised the already high prices to a greater extent than expected. Interestingly, there is no significant change in demand due to price fluctuations, which can show a 50 percent change depending on the yield of a given year. Today, eating apples costs twice as much in stores as after the record-breaking 2018 harvest, the expert recalled. This is already a price increase that has generated a 20-30 percent drop in ...