Even higher food prices expected

Even higher food prices expected
Prices will rise this month, but the price growth will ease off, predicts economist
 
02.12.2022 - 13:49

Although inflation is believed to have peaked, consumer price hikes are likely to continue for a bit longer.

Fresh figures from the Statistics Denmark reveal that 76 percent of Danish grocery retailers expect to further increase their prices over the next three months.

“Since a lot of our grocery products are imported from Denmark, any price hikes there will also be seen here in the Faroes,” says economist Jan Otto Holm.

“It does, however, appear that the worst of the price hikes are behind us now.”

 

Read the Faroese version of this article here.

More Faroese News in English.

Er kopiera
Nýggjastu sendingar í ÚV
Fríggjadag 11. juli
Praktikanturin: Erika Hentze Niclasen
194337
Fríggjadag 11. juli
Radio Stjernekilde II - part 5
194323
Fríggjadag 11. juli
RagnarRokk: Oskar Holldorff um Shards
194118
Fríggjadag 11. juli
Morgunlestur fríggjadagur 11.juli 2025
194083
Nýggjastu sendingar í SV
Fríggjadag 11. juli
Veðrið
194338
Mikudag 9. juli
Dagur og vika - teknmálstulkað
194245
Týsdag 8. juli
Veðrið
194213
Sunnudag 6. juli
Og ein summardag (2:2)
194098