Poland, Slovakia, Germany Face Rising Butter Prices Amid Inflation Crisis | Firstpost America
Poland is tackling soaring butter prices by auctioning 1,000 metric tonnes from its strategic reserves. The government aims to stabilise costs ahead of the May presidential elections as inflation and global dairy shortages squeeze households. Frozen unsalted butter, stored in 25-kilogram blocks, will be sold starting at $7 per kilogram, far below retail prices that reach up to $12.32. The auction reflects broader inflation challenges, with butter prices in the EU up 44% this year. Politicians have turned the butter crisis into a campaign issue, fuelling debates about economic mismanagement. As global food costs remain volatile, Poland's bold move highlights butter's symbolic and economic significance.
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Poland | Slovakia | EU | Butter | Inflation | Germany | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News
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