Foodstuff, Latvia, Markets and Companies
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Monday, 17.03.2025, 13:31
Food prices in Latvia in March rise 5% to 24%
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According to the Agricultural Market Promotion Center's data, this past March prices increased the most for tangerines (24%, from LVL 1.02 to LVL 1.27 per kilogram), "Lipton Yellow Label" tea (10%, from LVL 0.95 to LVL 1.05 per pack), as well as beet (8%), oranges (6%), rice (5%) and others, writes LETA.
On the other hand, prices decreased for grapes (25%), plums (11%), imported cucumbers (10%), radish (9%), bananas (6%).
Compared to March 2010, the steepest increase was registered for cabbage prices – 195%, potatoes – 131%, buckwheat – 119%, onions – 66%, beet – 62%, coffee "Merrild" – 42%, "Janagold" apples – 41%, milk (3.5% fat content) and pears – 40%, sour cream – 37%, bananas – 29%, kefir and orange juice – 25%, cheese and carrots – 24%, butter – 23%.
On the other hand, the biggest price reductions were registered for red paprika (34%), cauliflower (31%), yellow paprika (16%).
Gulbe said that further price increases were expected in several product groups in the near future due to the rising prices of raw materials or imported products.
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