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HL: Food prices not just up in Slovakia

The Slovak government is blaming retail chains for increased food prices in Slovakia, but the prices of food and related commodities have gone up around the world, the Sme daily wrote on October 16.

The Slovak government is contemplating amending the law on retail chains to combat the higher food prices.

Retail chain Coop Jednota buys bread from its suppliers at a price that has increased by eight percent to 20 percent in the last two months. The suppliers of dairy products increased their prices by 10 percent to 15 percent, on average, over the same period.

The prices of wheat on the world markets has nearly doubled over the last two months, Sme reported. The reason is a poor harvest in the most important wheat-growing countries. The harvest was the worst in the last 25 years. A similar situation also concerns dairy products.

-SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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