Podcasts Other Radio Prague International - Topic «Business» Food prices in Czechia expected to rise further next year

Food prices in Czechia expected to rise further next year

Published: Dec. 6, 2023, noon

b'The high price of foodstuffs has been a major woe for Czech consumers in the past two years. And there seems to be no light at the end of the tunnel. In spite of a decrease in the VAT rate on food from 15 to 12 percent in January, retail chains have announced further price rises next year.'