Post
Topic
Board Economics
Re: I wonder if food prices in your country have also increased?
by
emulsifryer
on 19/09/2023, 11:47:19 UTC
-snip-
Rice prices here have even increased by around 9-10 percent in the last month in my area.
In which area do you live? As far as I know, the government has warehouses for basic food supplies, especially rice, spread across every city district and this functions to maintain a stable distribution of commodity needs. An increase of 10% is actually quite high, in my area it has been quite stable since the pandemic ended. Do farmers in your area only trade their products locally?
Government do have those warehouse in which they stock rice but the problem here is it's not enough to sustain and they needed to import from the other countries since there are some businesses which they brought the rice of the local farmers then sell it for their own benefit and we can't blame those farmers since they're lack of assistance from the government and aside from that the government doesn't provide or give them assistance to sustain their rice fields.