April 16, 2024

Managing Director of the Federal Association of the German Food Industry

Massive cost hike in the German food industry

Four times the price of gas, 66% more for electricity, plus 33% for raw materials – the German food industry is currently experiencing the biggest crisis in over 70 years. There is hardly an area where costs are not increasing! The biggest drivers are raw materials, energy, packaging and logistics. The war in the Ukraine has not yet