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?
Same condition which is really happening in my country now on which it isnt really just limited into price of rice or other correlated products but also in other products and services as well on which that everything is
really going into the roof on which it would really be putting you up into a certain situation on which you would really be that struggling if you are really just that earning sufficient or enough out of your dayjob.
Increasing prices does mean increasing spending or expenses on which it would really be putting you up on a tough situation and it do really sucks that your government hadn't really been able to see up some
solutions. One thing that i do have in mind is that if you do see that ricefields are totally able to supply out the masses then it is really just that possible that there might be a shortage just because
they do hold up the supply and make it looks that it was short so that they could be able to increase its price intentionally?
In that case, then they are really just that basically showing that they are really that indeed greedy and really just that minding on their own advantage and this is something
that could really be seen on a corrupted country.