23.1.2022 | Shopping
Food prices expected to rise significantly in the coming months
Text Mark Taylor
Photo Andrei Chertkov
According to leading supermarket chains and food producers in Estonia, prices for foodstuff are expected to rise rapidly in the coming months as the effects of the rising prices of fuel, energy, and cereals are fully transferred to supermarket shelves.
This news comes in addition to the rises already seen throughout the second half of 2021 that saw food prices rise 6 per cent between December 2020 and December 2021.
So far, some of these costs have been borne by the producers. For example, dairy producer Valio has stated that they have covered part of the increase in milk prices from profits. However, considering that prices have risen by close to 30 per cent in the past year, this is not something that is sustainable in the long term.
There is a similar story when it comes to supermarkets, with Selver business accounting manager Kristjan Anderson explaining to ERR news that “producer price increases can be kept to a minimum for consumers, but not for too long. The price changes already known to the supermarket are set to take place in March and April.”
Source ERR
To learn more about this and similar topicsCereals
ERR
Estonia
Food
Food Prices
Milk
Selver
Valio
25.6.2024 | Shopping
5 Top sunglasses trends for summer 2024
More and more often, travellers in Estonia find themselves buying glasses. As summer approaches, sunglasses are particularly in demand. … Read more
25.6.2024 | Shopping
Ülemiste Shopping Centre expansion plans unveiled
On June 19, a public discussion was held to present the preliminary design solutions for the expansion of Ülemiste … Read more
16.6.2024 | Shopping
6 This summer’s best craft beers from Estonia
There is a new generation of small breweries in Estonia that are not only original in the beers they … Read more
12.6.2024 | Shopping
Want to try 350 different kinds of craft beer?
This weekend, June 14-15, the popular annual Tallinn Craft Beer Weekend will take place at Kultuurikatel in Tallinn. Visitors … Read more
23.5.2024 | Shopping
Flower splendour in Haapsalu
In the idyllic western Estonian spa town of Haapsalu, flowers will take over Kastani street this Saturday, May 25. … Read more
14.5.2024 | Shopping
Türi Flower Fair invites you to celebrate the opening of the gardening season
This Friday, May 17, the annual Türi Flower Fair (Türi Lillelaat in Estonian) starts in the small central Estonian … Read more
11.5.2024 | Shopping
The fishermen of Peipsi Lake invite you to visit
Along the shore of Peipsi Lake is the area known as the Onion Route which hosts numerous events throughout … Read more
10.5.2024 | Shopping
The 2-day Plant Fair of Pärnu begins today
Today and tomorrow, May 10-11, the annual Plant Fair of Pärnu will take place in the city’s Vallikäär meadow. … Read more