Food prices to fall modestly in Finland in 2024, says PTT

FOOD PRICES in Finland have become clearly less volatile, indicates an agriculture and food industry forecast published by Pellervo Economic Research (PTT).

PTT on Tuesday reported that it expects food prices to decline by an average of 0.3 per cent this year – in part, as a consequence of the levelling out of increases in food production costs – but increase by an average of 1.0 per cent next year.