Shopping is expensive, which further fuels inflation. Are crisis profits being made at the expense of the consumer? Josef Braunshofer, head of Austria’s largest dairy, speaks in an interview with the “Krone” about cost pressures, unfair comparisons and how butter has even become cheaper again.
The call for a price database and an anti-inflation commission became loud; WIFO boss Gabriel Felbermayr called for monitoring of the top 20 to 30 food prices; the Federal Competition Authority expanded its investigation into the food trade to question why purchases there now cost so much – inflation, which rose to 9.8 percent in April, is not only leaving its mark on the wallet.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
