The Latvian parliament, the Saeima, has approved amendments to introduce a reduced 12% value-added tax rate on selected basic food products in 2026, LETA reports. Under the amendments, the lower VAT rate will apply to various bread products, milk, poultry meat, and eggs. The reduced VAT will apply from 1 July 2026 to 30 June…
Estonia’s raw milk production per dairy cow rose by 5% in 2023 from the year before, which was the highest increase in 31 years, according to a report from the European Commission, ERR reports. In terms of milk production per cow, Estonian farms are second only to Denmark in the EU, Tanel-Taavi Bulitko, CEO of…
Food prices in Estonia continued to rise sharply in June 2023 compared to the year before but remained relatively stable from a month earlier, according to data from the Estonian Institute of Economic Research (EKI), ERR reports. The price increases were particularly notable for meat and dairy products. The price of sugar has risen from…
