Svantesson Urges Shared Responsibility to Tackle Rising Food Prices

Everyone needs to take responsibility for food prices not continuing to skyrocket, says Finance Minister Elisabeth Svantesson (The Moderate Party), after the meeting with representatives from the food industry. But she does not believe that all goods will become cheaper.

» Published: March 20 2025

Svantesson Urges Shared Responsibility to Tackle Rising Food Prices
Photo: Jessica Gow/TT

The Minister of Finance emphasizes that the government is doing everything to facilitate for consumers through reduced taxes and increased real wages. At the same time, she thinks that food companies can be more transparent in their pricing. But she does not agree that food retailers are taking advantage of households.

My image is that it's tough for very many. Some retailers have it significantly better than others. Many others in rural areas and the countryside have it pretty tough. In the challenge we have, we need to help each other, says Svantesson.

Will food prices become cheaper?

I absolutely believe they will. Especially if we improve competition. There are all the prerequisites. But inflation is dampened. It's not as high as before, which means that prices are not increasing at the same rate.

But will all goods become cheaper. No, they won't, she says.

Rural Affairs Minister Peter Kullgren (KD) thinks it's good to have this type of discussion about food prices with the food industry.

In this meeting, we also took a broader perspective. For food prices are not just food stores. It's not just the producing food companies and not just the farmers. The entire chain is connected.

A foundation for having stable prices in the future is also, as many signaled, that we need to produce more food in Sweden, he says.

Tags

TTT
By TT - Translated and adapted by Sweden Herald under license from TT

More news

Apple Flies 600 Tons of
1 MIN READ

Apple Flies 600 Tons of iPhones to US to Dodge Tariff Hike

Trump Urges China to Initiate
2 MIN READ

Trump Urges China to Initiate Trade Talks as Tensions Persist

Easter Food Prices Rise, but
3 MIN READ

Easter Food Prices Rise, but Discounts Offer Savings Opportunities

EU Approves Alzheimer's Drug Lecanemab
1 MIN READ

EU Approves Alzheimer's Drug Lecanemab for Sale

Canada Eases Tariffs on Certain
1 MIN READ

Canada Eases Tariffs on Certain U.S. Vehicle Imports

Government Seeks Approval for Saab's
1 MIN READ

Government Seeks Approval for Saab's Jet Sales to Denmark and Peru

Wall Street Dips as Boeing
2 MIN READ

Wall Street Dips as Boeing Shares Slide Amid Trade Tensions

Wall Street Opens Steady; Boeing
1 MIN READ

Wall Street Opens Steady; Boeing Drops 2% on Trade Tensions

Hermès Surpasses LVMH as France's
1 MIN READ

Hermès Surpasses LVMH as France's Top Valued Luxury Brand

German Investor Confidence Plummets as
1 MIN READ

German Investor Confidence Plummets as Tariffs Threaten Recovery

Freight Volumes Drop 9.7% in
1 MIN READ

Freight Volumes Drop 9.7% in Chinese Ports as Trade Tensions Rise

Economists Critique Spring Budget as
2 MIN READ

Economists Critique Spring Budget as Outdated Amid Tariff Challenges

Government Cautions on Economic Risks
3 MIN READ

Government Cautions on Economic Risks and Uncertain Recovery

Avanza Posts Record Profit Despite
1 MIN READ

Avanza Posts Record Profit Despite Stock Market Volatility

Scandic Hotels Anticipates Strong Summer
1 MIN READ

Scandic Hotels Anticipates Strong Summer Demand

Spring Budget Offers Limited Relief
3 MIN READ

Spring Budget Offers Limited Relief for Household Finances

Ericsson Leads Stockholm Stock Exchange
1 MIN READ

Ericsson Leads Stockholm Stock Exchange with 7.9% Surge

Spring Budget Allocates 11.5 Billion
1 MIN READ

Spring Budget Allocates 11.5 Billion Kronor for Key Investments

Spring Budget Faces Uncertainty Amid
3 MIN READ

Spring Budget Faces Uncertainty Amid Global Economic Concerns

Japanese Car Giants Boost Asian
1 MIN READ

Japanese Car Giants Boost Asian Stock Markets After Tariff Pause News

Inflation and Unemployment Concerns Rise
1 MIN READ

Inflation and Unemployment Concerns Rise Among U.S. Households

US Probes Tariffs on Medicine
1 MIN READ

US Probes Tariffs on Medicine and Semiconductor Imports

Fed's Waller: Inflation from Tariffs
1 MIN READ

Fed's Waller: Inflation from Tariffs Expected to Be Temporary

Trump Considers Temporary Tariff Relief
1 MIN READ

Trump Considers Temporary Tariff Relief for Car Manufacturers

LVMH Shares Drop 6% After
2 MIN READ

LVMH Shares Drop 6% After Larger-Than-Expected Sales Decline

Nvidia to Begin AI Supercomputer
1 MIN READ

Nvidia to Begin AI Supercomputer Production in the USA

IMF Urges Larger Financial Buffers
2 MIN READ

IMF Urges Larger Financial Buffers in Response to Tariff Shock

Wall Street Closes Higher as
2 MIN READ

Wall Street Closes Higher as Tech Stocks Lead Gains

Liseberg Faces Strike Threat Over
1 MIN READ

Liseberg Faces Strike Threat Over Part-Time Overtime Pay Dispute

Goldman Sachs Thrives in Q1
1 MIN READ

Goldman Sachs Thrives in Q1 Despite Market Turbulence

Government Boosts Electric Car Scrappage
2 MIN READ

Government Boosts Electric Car Scrappage Premium to 25,000 Kronor

China's Gold Trade Surges as
1 MIN READ

China's Gold Trade Surges as US-China Tensions Rise

Swedish Exporters Face Uncertainty Amid
3 MIN READ

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

Crown Nears Three-Year High Against
1 MIN READ

Crown Nears Three-Year High Against Dollar as Trade Tensions Rise

PlayStation 5 Price Rises 25%
1 MIN READ

PlayStation 5 Price Rises 25% in Europe Due to Economic Challenges

Inflation Expectations Surge to 2.3%
1 MIN READ

Inflation Expectations Surge to 2.3% in Sweden, Survey Shows