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Topic: Food prices doubled this year - page 4. (Read 6688 times)

sr. member
Activity: 1974
Merit: 453
August 15, 2021, 08:13:06 AM
Yes, currently food prices are still increasing in my country although some agricultural and aquatic products are cheaper due to the import and export freeze due to covid 19. In particular, I doubt that we have risk of a famine if the covid-19 situation persists for a long time. The lack of basic necessities causes prices to escalate, hyperinflation is coming very close. That's the worry

If the export ban is there, then the farmers will suffer. They will be forced to sell their produce at low rates, since there will be an oversupply at the local markets. This will keep the prices low for the consumers, but in the long run will do more harm than good. If the farmers incur losses, then in the future they will scale down the production, or form cabals to ensure higher prices. IMO, the government should not intervene in free market. Import/export bans make no sense in the 21st century, and they are ineffective.
member
Activity: 364
Merit: 10
August 15, 2021, 06:09:49 AM
Yes, currently food prices are still increasing in my country although some agricultural and aquatic products are cheaper due to the import and export freeze due to covid 19. In particular, I doubt that we have risk of a famine if the covid-19 situation persists for a long time. The lack of basic necessities causes prices to escalate, hyperinflation is coming very close. That's the worry
full member
Activity: 1092
Merit: 100
August 15, 2021, 05:53:09 AM
The pandemic causes a lot of problems, but the government's excessive attitude towards the pandemic actually creates more problems, I think the best way is not to care about the pandemic, there are no social restrictions, the healthy are free to do activities and the sick are treated if dead then buried.
Which government attitude do you think is excessive? Wearing a mask and keeping a distance is a rule that is applied all over the world. maybe the vaccination in your country has not yet reached the target set so that the government in your country is still implementing very strict rules. After 70% of the population has been vaccinated everything will return to normal.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
August 15, 2021, 04:16:47 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited.
Yes, everyone is affected as well as this new news in our place. All tourism entrepreneurs will close if the end of this year the restrictions continue. Up to thousands of workers all at home. This is indeed a very difficult situation. I hope this pandemic passes quickly.

The pandemic causes a lot of problems, but the government's excessive attitude towards the pandemic actually creates more problems, I think the best way is not to care about the pandemic, there are no social restrictions, the healthy are free to do activities and the sick are treated if dead then buried.
if you are willing to die or to infect your family then of course you can care nothing about the pandemic , just go around without wearing mask , bind with many people and once you got infected  never ask for government help ok?
because your stand is something that only stupid people might think.
Government is doing everything they can to addressed and to fight the covid virus but with people like you? yeah they will never won this fight and besides the virus will continuously spread.
hero member
Activity: 2352
Merit: 593
August 15, 2021, 04:03:29 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited.
Yes, everyone is affected as well as this new news in our place. All tourism entrepreneurs will close if the end of this year the restrictions continue. Up to thousands of workers all at home. This is indeed a very difficult situation. I hope this pandemic passes quickly.

Agreed, and those who have been affected by the business closure are pleading for assistance because they don't have enough money to buy food and are relying solely on the government because they can't go outside to find another source of income. It is extremely difficult right now, and the government is also having difficulty because the economy is not fully open. If we have extra money, food, or other resources, we should simply help each other.
legendary
Activity: 1722
Merit: 1007
Degen in the Space
August 15, 2021, 04:00:27 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited.
Yes, everyone is affected as well as this new news in our place. All tourism entrepreneurs will close if the end of this year the restrictions continue. Up to thousands of workers all at home. This is indeed a very difficult situation. I hope this pandemic passes quickly.

The pandemic causes a lot of problems, but the government's excessive attitude towards the pandemic actually creates more problems, I think the best way is not to care about the pandemic, there are no social restrictions, the healthy are free to do activities and the sick are treated if dead then buried.
Yes, it's all because of the pandemic we're now dealing with; food production rates have slowed, so expect supply to become scarce and prices to rise. Because so many people are still dying as a result of COVID-19, it's hard to return to a regular manufacturing rate while there are still cases every day. Not caring about the epidemic won't assist you because we're all affected, and some of us are still recovering from last year's lockdown; many businesses have closed, making what you're saying impossible now.
sr. member
Activity: 1428
Merit: 252
August 15, 2021, 03:47:46 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited.
Yes, everyone is affected as well as this new news in our place. All tourism entrepreneurs will close if the end of this year the restrictions continue. Up to thousands of workers all at home. This is indeed a very difficult situation. I hope this pandemic passes quickly.

The pandemic causes a lot of problems, but the government's excessive attitude towards the pandemic actually creates more problems, I think the best way is not to care about the pandemic, there are no social restrictions, the healthy are free to do activities and the sick are treated if dead then buried.
sr. member
Activity: 1484
Merit: 253
August 14, 2021, 03:53:17 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
Indeed. This is not just in any villages but I think everywhere. Because of the pandemic, their are lot of people who losses their job, they have nothing to eat. Every countries face the hard time because of covid19. The inflation and economic problems become one of the biggest impacts from pandemic. Food price doubled this year because that is the main need of human being. Everyone need food but the food storage cannot fulfill the demand. Quarantine is also the reason, people needs job and business right now are limited.
full member
Activity: 1092
Merit: 100
August 14, 2021, 12:36:03 AM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.
I don't think this pandemic will have a big impact on the prices of agricultural products, there may be a big harvest in other areas and cause the prices of farmers' crops in your village to drop drastically. On the other hand, this pandemic has actually made many people like vegetables because they are affordable and to increase immunity.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
August 13, 2021, 11:00:06 PM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.

Not very surprising. A lot of people have lost their jobs (especially in the unorganized sector), and they have cut down on their expenses. Even in the selection of food, the preference is now for less expensive stuff. And this impact is more in the village areas, since very few of the population would be having formal jobs. Those who have formal jobs will be protected against job loss and salary reduction to some degree, at least temporarily. That is not the case with those who work in the informal sector.
full member
Activity: 590
Merit: 116
August 13, 2021, 10:16:49 PM
I live in a village, on the slopes of a mountain and this is what happened in my village during the pandemic. The conditions in most cities in our country are, hotels are empty of visitors, many restaurants are closed, if they are open their operating hours are shorter, food stalls are empty of buyers, the middle-class economy on average changes their lifestyle more efficiently. It's not magic and it's not magic. The price of agricultural crops is in free fall, a drop of minus 100%, some even more. So no increase in food prices.
member
Activity: 560
Merit: 26
August 13, 2021, 12:23:00 PM
For me the food prices have gone up but not as much as for you.  To double is way too much and I would be stuck eating cheaper foods.

Biggest increases in food that I had to over come was on grains and rice but oddly poultry did not go up and either did meats.

The general increase in price of food items depends on your geological resistance. I can see that you pointed out only increase in rice, perhaps its the most consume grain in your place.
My country says otherwise. It's everything that's selling on the market that has added price, the vegetables aren't excluded. The rate of consumption in this is also high with equally low in production. Did I also mention industrial, it's also low, hence our dependent on importation is also high that's we depend too much on import materials.
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
August 13, 2021, 10:12:37 AM
Under the impact of the economic recession and the subsequent recovery, there was strong inflation. Not only food but also real estate and construction materials have skyrocketed in price. We are entering a new super cycle so everything is bullish.


The same thing happened in my country, all needs have increased since the pandemic, many companies went bankrupt so that the unemployment rate increased dramatically, in my country the price of food, fruit and vegetables rose by more than 20% especially now that it is the dry season so food prices will continue to skyrocket.

The pandemic is ongoing and the costs associated with food distribution are increasing. People have little opportunity to access cheap agricultural products but have to depend on the supply of distribution sales units. It is these costs that have caused food prices to rise rapidly.
During the pandemic, companies are forced to increase prices to cover other costs so that businesses do not lose money.
Severe hot weather also makes farming difficult. Another factor is the supply chain changes and difficulties leading to price fluctuations. I believe that once the price of food goes up, it will be hard for them to drop in price.
full member
Activity: 1484
Merit: 101
August 13, 2021, 09:08:03 AM
During the epidemic, the decline in production naturally led to a general increase in prices. Labor costs will also rise, so if the cost is high, the price will also rise.
When the epidemic was at its worst, I would go out to buy things every two or three days, and every time I would buy things that I needed for many days. This has brought uncertainty to my future, leading me to buy a lot of daily necessities and food, especially masks, at higher prices than before. More than ten times higher.

When the pandemic caused many business and production units to stop due to high operational costs and no income, especially in my country, where disasters often occur, causing the prices of basic commodities to skyrocket, we hope that the pandemic will end soon.
member
Activity: 135
Merit: 16
August 13, 2021, 05:49:45 AM
During the epidemic, the decline in production naturally led to a general increase in prices. Labor costs will also rise, so if the cost is high, the price will also rise.
When the epidemic was at its worst, I would go out to buy things every two or three days, and every time I would buy things that I needed for many days. This has brought uncertainty to my future, leading me to buy a lot of daily necessities and food, especially masks, at higher prices than before. More than ten times higher.
legendary
Activity: 3654
Merit: 1217
August 13, 2021, 12:52:12 AM
Overall inflation can be 5% or lower, but the inflation specific to food prices can be higher than that. You can check this table, for the inflation rate related to various sectors in the United States:

https://www.bls.gov/news.release/cpi.t01.htm

Overall, for the month of July, the inflation rate was 0.5% (or 5.4% on YoY basis). However, there is wide variation by different sectors. The YoY inflation rate for various expenditure categories are as follows:

Fuel oil: 41.2%
Motor fuel: 41.6%
Food: 3.4%
Apparel: 4.2%
Alcoholic beverages: 2.4%

You can see which sector is driving the overall inflation.
full member
Activity: 590
Merit: 116
August 12, 2021, 06:21:25 PM
It's not fair if the price increases to 2x. I tried to search online for information about Romania's economic inflation, but I didn't find any data that surprised me, everything looked normal, with inflation still below 5%.

https://www.statista.com/statistics/373209/inflation-rate-in-romania/
https://tradingeconomics.com/romania/inflation-cpi
https://www.macrotrends.net/countries/ROU/romania/inflation-rate-cpi
https://www.statista.com/statistics/1191268/romania-prices-in-romania-after-the-first-covid-19-lock-down/

Such data is usually taken based on the average of all prices across regions of a country.
I like this statement, your country still has the best index in Europe, you should be grateful.
https://www.romania-insider.com/food-price-ro-june-2020
https://nomadicfire.com/cost-of-living-in-bucharest
sr. member
Activity: 1092
Merit: 250
August 12, 2021, 05:31:09 PM

Yeah, that's crazy; our country's food prices have risen by 100%, making it extremely difficult to buy food these days due to the pandemic. Because of the unemployed and closed businesses, inflation has been rising since the pandemic. Food demand is also increasing. Also, in terms of food transportation, it takes weeks for food to arrive, resulting in an inability to meet the demand of the people.
It's very natural that this could happen because of the effects of the lockdown that made it happen.
and we can't do much about it as long as this virus is still around and it is possible that prices for both primary and secondary needs will continue to rise if this virus has not completely disappeared.
the most possible effort to prevent this from continuing is to implement a healthy living system and take care of yourself and the people in your environment to avoid this virus and provide information for people who are still not obedient to the rules to immediately follow the protocol. you so that this virus and pandemic disappear completely.
sr. member
Activity: 2366
Merit: 448
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August 12, 2021, 11:40:11 AM
Indeed, almost all food prices have increased, but the increase is not drastic depending on the food because some only rose slightly and also a lot and this happened at the beginning of the pandemic due to restrictions on entry and exit. under the pretext of preventing the spread of the virus and causing food prices to rise.
and now it's back to normal and there are also some basic food prices that have only dropped a little, and currently in my country where the transmission continues to increase, which makes medicines and vitamins and natural ingredients related to virus prevention and immune boosting increase exceeds the normal limit. and increased by 100% or even more and is very detrimental to the community, especially the poor.
and besides the increase in the price of gas cylinders and also very rarely because many are in need and even though there are very expensive prices.
legendary
Activity: 3654
Merit: 1217
August 12, 2021, 11:15:34 AM
In which country is it right? to a drastic increase. I am grateful that even though my country is currently in crisis and the spike in covid is high, there has not been a very drastic increase in the price of basic commodities. All still at a reasonable price in our opinion

I asked because he claimed that the prices went up by 100%. I haven't noticed any such increase in my country (and we import most of our foodstuff), and I haven't heard about any such occurrence from countries where my friends or relatives reside. So I was curious exactly what happened with him. There is a chance that the national currency was devalued, and that resulted in high food prices. Another reason could be civil unrest (similar to what is happening in countries such as Myanmar and Venezuela).
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