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palle11
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September 16, 2020, 11:59:53 AM |
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The dynamism of the world economy now is on the high side. This is because the world is indirectly facing hard times even before the covid-19 problem. Covid-19 only increases the level of hard times. Most GDP are dropping because jobs have been lost.
The governments need to look into agriculture seriously because of food shortage globally.
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oHnK
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September 16, 2020, 01:00:35 PM |
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Every countries face the hard time because of covid19. The inflation and economic problems become one of 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 can't fulfill demand. In my country, food price around 10-30% increase. This problem will influence society with low and middle income badly. If government can't handle the inflation of the country, it will be gate of biggest crisis for future.
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ArIMy11
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September 16, 2020, 01:28:55 PM |
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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 ?
Yes there is also an increase in the prices of the foods/expenses. It is one of the effect of this pandemic because there are not enough stock of foods in some places. Transport of foods from farm or production companies are affected of the lockdown. There are news from the television before that due to too many too many vegetables, fruits and milk of cows used in food production/restaurants that cannot be transported, it become rotten and useless. So now, we feel the effect because there is already a shortage because of what happened. To lessen, we in our brgy are now planting vegetables. The 20%-30% increase is not that affordable.
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Arkann
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September 16, 2020, 01:37:03 PM |
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I believe that in this matter it is necessary to take into account a lot of circumstances that affect the prices of different products. The fact that today inflation in most countries is very high is primarily the government's fault, because they do not know how to cope with problems and print a lot of paper notes, while money depreciates, and the goods become more expensive. In addition, one must take into account the fact that even bad weather conditions affect agriculture, which leads to an increase in the price of the corresponding product.
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Axelseseclevz
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September 16, 2020, 02:12:30 PM |
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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 ?
Almost everything in the market increasing except the salary and because of this pandemic many people lost their job and other still work under time. How much they can get? Is't enough to support their daily needs? I think it's a big NO. Hoping that government will do something to provide solution for peoples needs specially the basic needs that increasing it's price. The government must do something to support the agriculture which is the primary source of foods to supply the country.
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Jet Cash
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September 16, 2020, 02:14:59 PM |
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There seems to be an abundance of food in the UK, especially now we are binning the profligate EU, and you can pick up loads of bargains in the supermarkets if you look. I picked up a pack of 4 avocados for 10 pence the other day because they were on their dead-by date, and it will take about a week for them to ripen enough to eat.
Stinging nettles, thistle roots, dandelions, and bramble shoots are all healthy food options, and they are all freely available in the hedgerows.
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Yatsan
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September 16, 2020, 02:23:26 PM |
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There is an existing price freeze on the essential goods not just on foods but as well as health products to cover up fighting back against covid-19 specially on alcohol at the first months of the pandemic to let people still be able to purchase goods since most of the people are on low budget and are out of job due to the temporary closure of work places. After the ECQ (Enhanced Community Quarantine) that get into becoming GCQ (General Community Quarantine) which enables people to get back into work following the new normal protocols released by our government and health officials, we have observed that there is a gradual increase on the prices of commodities in the market but it does not reached on the price getting doubled for the DTI (Department of Trade and Industry) here in our country is closely monitoring the price movement that must be on the budget of the local low earners. Gladly even we are facing a crisis, there is no doubling on the price of food that happened. Just a little top up on the prices which is expected and normal thing that always happen in a situation of crisis.
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Indymoney
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September 16, 2020, 02:27:48 PM |
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This is happening in many countries as we are also facing same problem due to this Covid-19 many middle class and lower class facing some serious problems due to this hike in prices but no one can do any thing as governments are not giving their 100% due ro corruption and many other factors labours and clreikle staff have also some serious trouble salaries not increased and foods and stuff already on high note mean suicide cases also increasing I was really shocked to check a family of four done this few days back as they was not able to have food.
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Inkdatar
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September 16, 2020, 02:47:41 PM |
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Price have doubled this year because of this pandemic actually many countries are suffering the failing of the economy. The impact of this pandemic is really huge it hits all people. Also, the livelihood becomes affected and even the farmers has limited to supply that cause of shortage of goods. And we also know there is still quarantine so the jobs and business are still limited to open.
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The Sceptical Chymist
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September 16, 2020, 03:38:14 PM |
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Vegetable prices doubled Fruit prices doubled Meat prices around 30% increase Grain products around 20% increase
OP, your post is really making me curious as to what country you live in. If that's not something you think is confidential, I'd love to know because I haven't seen anything close to that level of inflation in the US (where I'm from). I do a lot of shopping at discount stores, and I haven't really noticed any significant price increases in the things I usually buy. I have noticed that my local pizza joint raised their prices on certain items, but that could be because they're doing more delivery and curbside service. And you know what? The fact that there isn't rampant inflation in my country is somewhat puzzling. It seems like every investment asset category (stocks, metals, bitcoin, etc.) has ballooned and I would think commodities would as well--which would lead to increases in the price of food and gasoline, but that hasn't been the case....yet. With all the money printing our government is doing and the stimulus checks and unemployment benefits, that can't last for long. Stinging nettles, thistle roots, dandelions, and bramble shoots are all healthy food options, and they are all freely available in the hedgerows.
Lol. Sure. As long as you live near the hedgerows and don't mind eating those things. That doesn't apply to a lot of folks.
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fiulpro
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September 16, 2020, 03:58:24 PM |
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yes, especially food contains vitamin C such as orange, avocado, pineapple, and lemon. as the rumor said that Corona can be killed by consuming a lot of vitamin C
The statement itself is partially true, Vitamin C does make your immunity stronger but at the same time excess can cause problems , what's needed is a balanced diet and all the vitamins taken into consideration too. _*_ I am really sorry to hear this but I do believe that it's the case of only those countries where they don't produce the fruits and vegetables on their own and their major demand is met by Import. Where I live , the Prices haven't budged much but at the same time the corona Virus cases are also in check whereas the country I am from even though they produce all the vegetables and fruits and do not rely on import but the situation there is dire but not till doubling of prices for sure . - This is actually something that is different in all countries the situation depends on the situation of the coronavirus in the country itself and how they are handling it This is why I believe we need to focus on growing our own food for the time being.
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wxa7115
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September 16, 2020, 04:02:29 PM |
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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 ?
I cannot say I am seeing the same in my country, I have seen some minor increase on the price but that is all, so it is nothing like what you are describing, which brings the question why is that happening if your country is as you say an exporter of food? One possibility is that exporters are selling all what they produce internationally and leaving too few products for the local market and as we know because of the law of supply and demand this will make those products even more expensive, another possibility is that this has nothing to do with the products themselves and everything to do with the currency of your country being very weak and the price has gone up as a result of inflation and not because of the lack of products on your country.
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Ucy
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September 16, 2020, 04:03:43 PM |
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I really don't have full details of food prices, but from what I have seen so far(esp where I stay), price remain stable... Some things, esp factory products probably added a little (maybe 5-10%). Most things from peasants/small farmers or sellers remain the way they are. Most of the healthy things remain thesame... that's what matters most.
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Kong Hey Pakboy
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September 16, 2020, 04:34:40 PM |
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Food prices are doubled this year because of the inflation and high numbers of unemployment that people don't have enough money to buy more goods or other consumer products, that it is why the price of every products have increased and surge in demands. So no doubt that inflation have occurred during the pandemic.
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cabron
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September 16, 2020, 04:47:46 PM |
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It must be happening to the areas that are locked down still. The only who will survive if it's going to take longer are the ones with the food supply which is why no matter how much the price will be, people are still going to buy. Businessmen are taking advantage of the demands and while the products are needed the most by the people, they will indeed sell for a price.
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gentlemand
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September 16, 2020, 06:59:11 PM |
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In the UK things a little bit higher but not by much. I think by average salary vs the percentage spent on food we have the cheapest food in the world, or near to it. When I compare France or the US food seems considerably more expensive.
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bitbollo
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September 16, 2020, 07:03:57 PM |
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In Italy we haven't see this huge increase in food price. It could be a disaster here if prices will have an increase like this. Just some merchant tried to pump price during COVID19 Lockdown but in most of the cases has been just temporary. PS I am curious where you live? 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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gentlemand
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September 16, 2020, 07:07:25 PM |
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PS I am curious where you live?
The poorer the country the more of your earnings go on food, and the price changes will be much more volatile and damaging. In the UK 8% of weekly earning go on food. In Nigeria it's over 50%.
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Argoo
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September 16, 2020, 07:17:02 PM |
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These are the consequences not so much of the spread of the coronavirus pandemic as too strict restrictive measures to combat the coronavirus. Under the influence of these measures, the gross domestic product in each country fell by tens of percent. At the same time, prices are rising, including for food. In my country, this is not yet very noticeable. Unemployment is growing, people are running out of money. Because of this, purchasing power falls, and therefore prices do not rise too much.
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