Energy prices in Europe has declined after previous peak levels. In addition, world market prices for raw materials have fallen sharply over the past year. According to FN:s matprisindex it is about a reduction of just over 20 percent from March last year to March this year.
But it does not necessarily have a direct impact on the prices in stores, according to Sven-Olov Daunfeldt, chief economist at Swedish Enterprise.
– There are so many things that affect prices in trade, it’s not just raw material prices and energy prices. There are also labor costs, the development of the currency and the like, he says.
The development of food prices
Sven-Olov Daunfeldt still believes that we will see falling food prices in the future. Torbjön Hållö, economist at LO, however, believes that prices will increase, but at a normal rate.
– There will be individual products that drop back in price, he says.
Hear three economists, from the trade union organization LO, from the Swedish Confederation of Enterprise and the industry organization Livsmedelsföretagen, about food prices going forward.
