Will Hungarian shops be hit by further price increases and meat shortages soon?
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Food prices in Hungarian shops are 34 percent higher than last year. However, this is nowhere near the end. Experts say that in a little while, not only food prices but the price of other essential products will skyrocket. Some Hungarian butchers will also struggle with meat shortages in the upcoming months.
There are some Budapest farmers’ markets that are not raising prices for the time being. According to the sellers, customers would not be able to bear further price increases. However, this means a big risk from their aspect. Some small producers say they had not raised their prices as much as they should have done, which would probably lead to their closure. By way of example, a small farmer now sells a kilo of cheese for EUR 9 (~ HUF 3,500), which he estimates he would have to sell for EUR 25 (~HUF 10,000) to avoid making a loss. He also has to cover the costs of the more expensive feed for his animals. But as he says, this could not be passed on to the customers.
According to the Hungarian news portal G7, on average, people are paying 34 percent more for food now than this time last year.
Based on their measurements, the prices of bakeries have risen by 120 percent, the price of semi-brown bread by 107 percent, and the cost of spaghetti pasta has more than doubled. Trappist cheese has risen by 92 percent, salt by 69 percent, eggs and sour cream have also crossed the 50 percent mark, while flour has gone up by 25 percent.
At the same time, there are certain fruits and vegetables, including carrots, turnips, apples and onions, which are cheaper now than a year ago.
Inevitable – certain to HAPPEN ; unavoidable.
Sustainability – what in the CORE of the Economy – the Financial & Economic structure of Hungary – is going to HOLD the Economy to-gether ???
Hungary – will “slide” deeper into the “Mire”.
Is their Mounting – growing disharmony gaining rapid propulsion / speed – arising out of Fidesz Party supporters & voters in Hungary ?
Is their Mounting – growing ANGER – out of ALL “other” members – of Political Partys in Hungary ?
Is their ANY sign or Indication – across the 9.6 million population of Hungary – that BLAME must revert back to the Fidesz Political Party led by the present Prime Minister of Hungary – Victor Orban ???
Inevitable – certain to HAPPEN ; unavoidable – Hungary continues to TREND into a Deeper/Darker – Economic & Financial “Black” hole.
The truly abysmal diet that Hungarians eat (god knows why they think that their cuisine is good – it’s not) might be altered for the better if they ate less meat. So perhaps meat shortages and high prices are just the recipe for that reducing that fattening stodge that people cook day in, day out in their homes in Hungary.