Belgian brewers and food industry under pressure from rising prices

Belgian brewers and food industry under pressure from rising prices

The conflict in the Middle East is increasing pressure on companies, with more than nine out of ten companies in the sector reporting an increase in production costs.

is affecting the profitability of Belgian food companies. The alert was given by the Belgian food industry federation, which points to the packaging and transport.

Rising fuel prices are leading suppliers to charge more for transportation, thereby reducing profit margins.

The situation is already affecting companies such as the Belgian brewery Brasserie Lefebvre, which guarantees that it is absorbing the additional costs without passing it on, for now, to consumers.

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