P o l s k i e W i e ś c i

Tuesday, October 12, 2010

Food Gets More Expensive in Poland

Poland's food prices likely increased by at least 0.5 percent m/m in September, farming business institute IERiGZ expert Krystyna Swietlik told PAP Polish Press Agency on Monday.

"In September, food prices grew by 0.5 percent, or even more, driven by cereals, butter and pork, which gained 1 percent. The demand factor was also important: people came back from their vacation in September, and the demand for food grew," Swietlik said.

"The prices of fruits and vegetables did not grow in September, but they will start doing so now," she added.

The coming months may bring a 2-3 percent growth of the prices of bakery products, as Polish grain crops this year were poorer than in the year prior, Swietlik said.

Poland's grain crops may have amounted to 27.3 million tons, on a 8.5 percent y/y decrease, according to stats office GUS' September estimate.

Deputy Agriculture Minister Artur Lawniczak sees the grain crops even lower, at some 26 million tons.

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