The AREI representative said that the two big unknowns – the Russian war in Ukraine and the Covid-19 pandemic – have not yet finished affecting food prices.
Gulbe said: “Nothing has happened to say that [food] prices will stop rising. The problems raising the price have not ended. Unfortunately, we will see more price increases. […] The average [food] price hike could be up to two times."
She noted that the contents of shelves could change radically in grocery stores in the fall. However, that there is no cause for concern because the stores' shelves would still contain all food products, just in a different way.
“Producers are looking at how to make this product cheaper. [..] For example, cheaper packaging, [..] changing a bit of recipe, but that doesn't mean it's worse,” Gulbe said.
