Hungarian confectioneries in danger: what are the prospects?

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An increasingly difficult time is coming for Hungarian confectioneries. Fewer and fewer people will be buying ice cream, and energy and raw material prices are skyrocketing. Cakes are already selling for gold in many places: what will happen next?

Price increases and rising overheads threaten businesses

Many businesses are looking for ways to save money. Still, however, most of them cannot avoid price rises, shorter opening hours or even partial or complete closure. More than 40 confectioneries have spoken to Pénzcentrum about the impact of the energy crisis, the weak forint, the rise in raw material prices and the fact that for some sections of the population it is slowly becoming a luxury to go to a confectionery.

These reports show that 8 out of 10 confectioneries are threatened by price rises and rising overheads. Almost all places are planning price increases in the autumn-winter period. But they fear that high prices will only deter more customers. Some bakeries now have to pay 5 or 10 times as much for electricity or gas.

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2 Comments

  1. We can’t let them DISAPPEAR.
    Tradition, Tradition – what has Mother taught or Grand-Mother taught ?
    Beautiful song – Tradition, from the musical Fiddler on the Roof.
    Verse words :
    “And who does Mama teach to mend and tend and fix,
    Preparing me to Marry whoever Pappa picks ?
    The Daughter, the daughter ! Tradition !
    The Daughter, the daughter ! Tradition !

    Traditions – like History;
    It does not belong to us – we belong to it.

    Traditions handed down over centuries – we have a responsibility to Up-Hold them.

    In these Hardened & Challenging times – Traditions handed down to the daughters and sons – the Hungarian traditions – they must NEVER die nor disappear.
    We belong to THEM.

  2. 2g of investment gold bullion is 46,900 ft in Budapest as I type. So tell me where cakes are being sold at that price per gram in Budapest.

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