Wholesale Prices of Food Products Continue to Rise

Wholesale Prices of Food Products Continue to Rise

The wholesale prices of food products continue to rise, data of the State Commission on Commodity Exchanges and Marketplaces indicated.

The wholesale prices of eggs went up by an annual 60% hitting a 14-year record high of 0.32 levs per egg in the beginning of March, the state-run Bulgarian National Radio reported on Sunday quoting data of the commission.

Year-on-year, the wholesale prices of sugar rose by 18%, while the price of fish gained 21%. In the beginning of March the average prices of beans, rice, dairy and meat products were between 5 and 10% higher than a year earlier. However, prices of flour and sunflower oil have dropped by some 11-16% within a year. Most vegetables too are cheaper than a year ago.

Food prices traditionally peak in February and just before Easter before going down in the summer.

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