Price summit on food prices called for: Need for action for the federal government and actors

Price summit on food prices called for: Need for action for the federal government and actors

According to a report by www.new-facts.eu The head of the Federal Consumer Organization, Ramona Pop, is calling for a price summit on food prices. She criticizes the ongoing increase in food prices while energy prices are falling at the same time and calls for more transparency in price developments. Pop emphasizes that all key players, including the federal government, farmers and manufacturers, should attend this summit to review the market power of manufacturers and retailers and ensure that it is not exploited.

Manufacturers' continued plans to increase prices again could push food prices further higher. This could further drive inflation and particularly burden low-income consumers. In order to relieve this burden, Pop is demanding a one-off payment from the federal government.

A possible consequence of this situation could be an increased burden on consumers due to rising food prices. This could lead to greater inflation and financial strain for low-income consumers. Additional government support in the form of one-off payments could ease the financial burden for some consumers.

It is important that the federal government and relevant stakeholders closely monitor food price developments and take measures to prevent excessive burdens on consumers.