Already, people are complaining massively about how much everything has become more expensive and that it is a big problem for them to pay for all the necessary vouchers and, in addition, to buy food in the quantity and quality they were used to. Although we would like to be messengers of good news, this is not possible at the moment. The situation will continue to deteriorate, and according to some voices, this is only the beginning of a much higher price.
Costs can no longer be hidden
The truth is that food prices are relatively sensitive to price increases. Few people want to be the first to raise prices, because they would immediately lose customers if their competitors didn’t. However, the current increase in costs does not give food producers many opportunities. When someone takes the first bigger step, others will follow. It is possible that it will come in the summer.
At the same time, let’s prepare for the fact that the increase will be really significant. For example, the head of domestic farmers has already predicted that food prices will rise by 50% soon. He did not use the usual word “up”, on the contrary, he added that it could easily be more.
Of course, individual food sectors are affected differently by rising costs. However, probably the most affected sector of food production is bakery. This is extremely dependent on the energy prices that have jumped the most. In addition, there are only very low margins, in which the increased costs are difficult to hide.
Therefore, the prices of bakery products have been rising for some time, but only slowly. According to the bakers, they would need a more significant leap that would allow them to cover the increased costs. But few of them want to say what prices they actually imagine.
150% increase
An exception is Marián Nikl, who owns the Vracov Bakery, where he employs several dozen people and supplies pastries to the Uherské Hradiště and Hodonín regions. He does not hesitate to evaluate the current situation as critical. He then told Lidové noviny that in September at the latest, his company would have to start charging five crowns for one ordinary croissant.
This in itself is not a high price at first glance, but consider that the rolls were sold under two crowns last year. Today we will pay one hundred and fifty percent more for them. It will be similar with other bakery products, such as bread or various pastries. For example, to buy Christmas cookies, we will have to reach very deep into our pockets. One kilo can cost a thousand crowns. But people are already dissatisfied with such a rise in prices and ask where to get it.
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