Energy prices in Europe have declined after previous peaks. In addition, world market prices for raw materials have fallen sharply over the past year. According to the UN Food Price Index, this is a decrease of just over 20 percent from March last year to March this year.
But it does not necessarily have a direct impact on prices in stores, according to Sven-Olov Daunfeldt, chief economist at the Confederation of Swedish Enterprise.
"There are so many things that affect prices in trade, it's not just raw material prices and energy prices. There are also labour costs, currency development and the like," he says.
Development of food prices
Sven-Olov Daunfeldt still believes that we will see falling food prices in the future. Torbjön Hållö, economist at the Swedish Trade Union Confederation (LO), believes that prices will increase, but at a normal pace.
"There will be individual products that drop back in price," he says.
Listen to three economists, from the trade union LO, from the Confederation of Swedish Enterprise and the trade association Livsmedelsföretagen about food prices in the future.