Food price growth in Slovakia steepest among V4 countries in June

Growth in food prices in Slovakia in June exceeded those of the other Visegrad Four countries (the Czech Republic, Poland and Hungary), Michal Feik of the agriculture ministry said on Wednesday, adding that even though businesses keep raising their prices, Slovak food producers are being forced to supply them with products at ever lower prices. "Suppliers have been forced for a long time to lower their prices, which prevents them from investing in new technologies, adequately paying their employees and covering the increasing prices of commodities," farm minister Gabriela Maetcna said. "We can see yet again that businesses are abusing their dominant position at the expense of consumers and suppliers."