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German supermarket Penny raised prices on meats and cheeses to reflect their "true cost" last week. By contrast, one brand of vegan schnitzel only rose 5%, suggesting some vegan products have minimal long-term environmental and health costs. Despite Germany's recent drop in inflation, food prices still remain 11% higher this month compared to 12 months ago. The company temporarily hiked some prices to comment on how food prices are not fully indicative of broader long-term environmental and health costs. "We know that many of our customers are suffering from today's unrelentingly high food prices," Stefan Görgens, the COO at Penny, said in a statement.
Persons: Penny, Mühlenhof wiener, Stefan Görgens Organizations: Service, US Department of Agriculture, Nuremberg Institute of Technology, University of Greifswald, Aldi Locations: Wall, Silicon, Germany
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