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Fresh food prices may rise by 5-10% due to pandemic

19:18

Fresh food prices may rise by 5-10% due to pandemic
Source: Pxfuel

Fresh food prices may rise by 5-10% due to the pandemic, lack of access to seasonal workers, rising production costs and economic protectionism, experts of DNB Bank Polska believe. The agricultural, and fruit and vegetable processing industries will suffer the most.

“In Germany, the [produce] sector needs as many as 286,000 temporary employees each year. In France, it is estimated that about 200,000 people will be out of work, in the UK 90,000, and in Switzerland 33,000.

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