Economists: Food prices inflation has passed its peak

In 2022, the inflation was in energy commodities, since the beginning of this year this has changed and now the leading is food prices surge, Petar Ganev from the Institute for Market Economics commented in "The Day Begins" programme on BNT on March 13.

According to Ganev, the food prices inflation has passed its peak, prices will most likely cool down. There is nothing wrong with the institutions to act, but some threshold should not be crossed, what has happened in the past month seems to me a bit too much," Ganev said.

According to Georgi Vuldzhev, economic expert from "Experts Club for Economics and Politics – ECEP", the issue has been politicised recently. In the past two months, there has been a weakening of food prices inflation, it will slow down, but this does not mean that prices will start falling. We hope that within a year inflation will cool down to 2-3% a year.

Authorities to fight food prices speculation with electronic labelling