Food prices to grow at a single-digit pace in H2 - agriculture minister

In the second half of this year, food prices will grow at a single-digit pace, unless something extraordinary happens in connection with the war in Ukraine, said Henryk Kowalczyk, Deputy Prime Minister and Minister of Agriculture and Rural Development.

“I think that this is already the peak of food price growth (...), in the first half of the year, there should be a very strong slowdown in growth" - Kowalczyk said. He stressed that Poland extended zero value-added tax (VAT) for groceries this year as part of measures to soften the consequences of inflation for citizens. 

In November, food inflation in Poland reached an all-time high of 22.30%, according to the statistics office GUS.