Poland takes action to halt soaring butter prices

Butter prices in Poland have risen so sharply that the government has decided to intervene. Even the Prime Minister has spoken out on the issue.

Butter prices in Poland have skyrocketed so dramatically that the government has decided to take action.

Sorin Gheorghita/Unsplash.com/CC0

The steep rise in butter prices is a significant problem for many Poles, especially during the pre-holiday season when butter is used in households for various baking purposes.

The Government Strategic Reserves Agency (RARS) has decided to take special action regarding butter prices. Selling part of the reserves aims to make it harder for speculators to manipulate butter prices in Poland.

"This is an incidental win-win intervention. The Government Strategic Reserves Agency won’t lose on this, as butter is very expensive," said the Prime Minister.

He pointed out that although butter in Poland is among the cheapest in Europe, it remains too expensive for people with the lowest incomes.

The Prime Minister emphasized that, while there is no guarantee that prices will drop, he hopes for positive effects from this intervention.

Earlier, the Prime Minister’s Office announced that the Government Strategic Reserves Agency will sell 1,000 tons of frozen butter, which is expected to help stabilize the market.

Szanowni Państwo, na stronie internetowej Rządowej Agencji Rezerw Strategicznych ukazał się komunikat w sprawie wczorajszej decyzji Ministra Spraw Wewnętrznych i Administracji o likwidacji rezerw strategicznych masła mrożonego. Zachęcamy do zapoznania się:https://t.co/ZN9Mws0B4l pic.twitter.com/4KmY5XFwR7

— Rządowa Agencja Rezerw Strategicznych (@RARS_GOV_PL) December 17, 2024

Source: PAP/RARS

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