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Residents of Poland expect sharp rise in food prices KXan 36 Daily News

Date: May 19, 2024 Time: 09:29:45

At the same time, analysts say, prices have been breaking records for several months, and 2023 does not promise to be better: products that are already very expensive will become even more so. Data collected by experts among research firms, industry associations, and retail chain purchasing departments show that dairy products or vegetable fats can rise in price by at least 20-30 percent, and the prices of meat, bread, alcohol, vegetables and fruits, especially imported ones, will rise only slightly less.

In 2022, according to the Polish Central Statistical Office, the average increase in food prices in the country ranged from 22.3 to 25.8 percent in the price index in retail stores. According to Professor Konrad Raczkowski, director of UKSW’s Center for the World Economy, this means that individual products, not just food, have risen in price by 80 to 100 percent.

As the daily Rzeczpospolita clarifies, Poland, due to the increase in prices of raw materials and energy, will not escape the increase in bread prices either, “and stores are already preparing buyers for the increases, explaining this by the rising costs of doing business. ” “The minimum wage has increased, while energy or gas have become much more expensive, fuel will become more expensive. As a result, prices will rise,” concluded Renata Yushkevich, president of the Polish Trade and Distribution Organization.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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