Post
Topic
Board Economics
Topic OP
I wonder if food prices in your country have also increased?
by
Uruhara
on 30/08/2023, 03:00:00 UTC
Since August in my country, the price of food, especially food staples such as wheat, rice and others, has experienced a very high price increase. This was apparently caused by the ongoing drought. Which makes several areas of plantations and rice fields fail to harvest due to lack of availability of water to water the plants. And this makes food stocks in the market start to run low from time to time. And yes, the price hike ensued. Rice prices here have even increased by around 9-10 percent in the last month in my area. And I'm afraid the increase will continue. Because many residents are starting to talk that if the drought continues longer then it is feared that the increase will occur higher and faster. For farmers, it can be said that currently they are getting big profits because they can sell agricultural products at high prices. but for ordinary citizens who do not have agricultural land, the current food prices really make them tight.

The residents' economic sector has actually begun to recover and improve in the past few months. But because at this time there was another spike in prices again, it made the people around me start to complain again about the current economy.

But I was wondering if this only happened in my country or in your country too?