According to a survey conducted by Sweden’s Radio Echothere are clear signs that the winds are beginning to turn.
– One reason why food prices went up so much last year was that we had increased prices for fuel and electricity costs which also affected food producers and we also saw that the prices of food that we imported into Sweden increased very sharply, says Robert Boije, Chief Economist at SBAB , to Echo
“Speaking for mitigation”
He believes that there are several signs that the large price increases will soon subside.
– What we have seen in the last year is that several of those factors have been revised so that they are stationary and this should speak for more subdued development in food and perhaps some food items falling in price in the future.
It has become more expensive
Another sign is that the price of fertilizer has dropped 15 percent since February last year, something that could have an effect on Swedish-produced products.
Mainly, prices have increased for foodstuffs such as bread, vegetables and dairy products.