Post
Topic
Board Economics
Re: Food prices doubled this year
by
geegaw
on 12/08/2021, 14:27:16 UTC
When i have time i go to local market to check prices

Vegetable prices doubled
Fruit prices doubled
Meat prices around 30% increase
Grain products around 20% increase
...

And my country  is a exporter of food products

How is it in your country ? Same ?


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My country is Romania

https://www.bloomberg.com/news/articles/2020-04-10/food-supply-fears-are-growing-as-romania-bans-grain-exports

We tried to ban exports of grain ,but stupid EU intervened...

Same here in our country, the prices of all fruits, vegetable, rice, meat products, fish are all increases. Not only foods but also transportation fare. It was because of the pandemic. The supply of foods are becoming limited because some establishment and supplier halt their operations. And also the passenger are limited because not anyone can go out or there's a limitation on how many passengers that a bus can take that leads to high transpo fare.

Shipping fees are really becoming very expensive due to the problem of shipping between countries, even in a country that is facing many difficulties due to the risk of spreading the pandemic as well as the lack of businesses that accept these products, once the sources of goods were frozen and such delays, the original value remained the same but shipping costs included, all of which became more expensive than ever. Food is a key commodity but cannot escape such danger, the policies of many governments are not good in this regard and there is too much lack of balance between psychosocial and price.