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Domestic food is more expensive in Hungary than foreign food: why?
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Food inflation in Hungary is at a terrible level. But who would have thought that Hungarian trappista cheese would cost more in Hungary than French brie cheese? Read on to find out why domestic prices have become so uncontrollable.
Domestic foods’ prices are higher
A Facebook page called Vakmajom recently published a shocking post about how Hungarian trappista cheese (HUF 4070/kg – EUR 9.62/kg) cost more than French brie (HUF 3598/kg – EUR 8.5/kg) in Lidl.
This is especially interesting as trappista is a cheap, mass-produced cheese, and the much more processed and thus higher quality French cheese in peacetime is at least 50 percent more expensive than the Hungarian one, they write. Similarly, Hungarian salami costs more than its Danish counterpart, and Hungarian butter more than Irish, French or Belgian.
The increase in domestic prices is also high by international standards: according to Eurostat data between August 2021 and August 2022, prices in Hungary rose by 37 percent, the highest increase among EU Member States.
What could be the reason?
Szeretlekmagyarorszag.hu asked György Raskó, an agricultural economist, why the prices of domestic foodstuffs have become so much higher. According to him, the weak forint has played a role in the soaring food prices. This is because Hungarian producers can sell their products on the world market for euros or dollars. So there is a kind of “export pressure” on them, because they are better off if they get other currency for their products than Hungarian forints.
Greed & Exploitation.
Forget ALL your Economic or Financial reasoning & theories – we shop the Great Market Hall and Lehel – Aldi & Ledl, and over-all, we don’t have to watch our budget, but what we CONTINUE to see is just UN-EXPLAINABLE price rises, that have NO rational – to the CHALLENGING times we live, that sadly are WORSENING.
Irrespective, from whatever “station in life” you come – we are ALL in this MESS to-gether.
BLATANT acts of Greed & Exploitation – on each other, being witnessed by the BIG name super-market chains – we in Hungary continue this attitude on each other PERSONALLY – say in our OPEN Fruit & Vegetable Produce Markets – and ACCEPT it through price rises continuous through the Major Food Supermarket Operators – we continue to contribute to the DEEPENING challenges – decreasing Qualities of Life, we are “just” holding on-to at this time in Hungary.
We are ALL in this Together.
Nothing is Going to get Cheaper in Hungary but Greed & Exploitation – just VILE treatment of fellow human beings.