COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.
The only thing you should be thinking about to make a sense of everything related to price increase and decrease is the status of supply and demand. And as of the moment, demand is high and the supply is low due to the covid-19 pandemic. Trasports are limited and so does the exportation and importation. Even now here where I live, we are still under MECQ(modified enhanced community quarantine) that limits people coming in and out of our city. Parcels are delayed unless they are essential stuff like food, drugs and medical apparatuses/supply. Price decrement will only happen when everyone gets vaccinated with a full proof vaccine in the future. But for now, we are still in a very bad position to expetprice decrement.