Egg producers in Estonia are seeing their situation being complicated by both rising energy prices and inflation in the cost of poultry feed, meaning the price of eggs in the stores may get even more expensive in the fall than its current, high level.
Supermarket sales in Estonia decreased 2 percent on year last month. Traders confirm that people's shopping habits have changed as a result of rising grocery prices, but that's just the beginning most groceries' prices remain on the rise, due to which an even bigger drop in sales can be expected.
The disappearance of Russian periodicals from newsstands in Estonia has impacted vendors the most. Finding replacements for them is a difficult and time-consuming process.
Over the past two months, the price of the raw material used to produce rapeseed oil has decreased by nearly €200 per ton, or up to one third. Rapeseed oil prices on store shelves, however, won't be following suit.
The main culprit behind rapid inflation is high energy prices, however some internal factors have also helped boost inflation in Estonia to the EU's fastest. A clear pattern of consumers opting for discounted products had emerged in June already.