Rising food prices make groceries number-one expenditure

According to new data from the Czech statistics Office, the rising price of food has made groceries the number one expense for most Czechs. The figures reveal that 20.5 percent of expenditures are spent on food, which is a half percent increase on 2007 figures. Coming in second at 20.4 percent are housing costs and utility bills, which led last year’s chart. However, analysts point out that the differences between the two types of expenditures remains small and could be a simple fluctuation.

Author: Dominik Jůn