Alert31
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September 30, 2020, 10:39:02 AM |
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~ How is it in your country ? Same ? ~
I don't know why that happened to you country, was that for your whole country? Maybe there was shortage for your areas' fruit, vegetable, meat, and grain products, that is why the price increased dramatically. In our country, here on our city, some price of food went down, most still stays on their price before the pandemic happened. Don't worry, everything will fine soon. Good to your country. I think there is only a price increase when there is a food shortage which happened to other countries because of the pandemic. That was the effect of lockdowns that most company closed and the transportation stop operation.
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Reatim
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September 30, 2020, 01:10:05 PM |
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Well there is a great posibility that the food prices will become double today or maybe in the next few months from now. Because every country has suffering from the covid-19 pandemic and all of the people arround are having a hard time to work because of some health protocol so the food prices is really expected to rise.
Lol your speculation is late because the doubled prices happens when the pandemic is still a hot issue,when the lockdown happens so the abused in price indication happens. But now that the covid is starting to subside and the market prices is returning back to what the normal price,though now that there is a Pig desease happening here so the price slightly move high.
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Mr.sprin
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September 30, 2020, 02:12:46 PM |
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in a time of a pandemic like now the price of food in my country remains stable, there is no decline in prices, a pandemic is only a sufferer for people under them who cannot go out to earn money. food prices have no effect.
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hahay
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September 30, 2020, 09:03:38 PM |
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I think the price of food in my country is still stable and even if there is an increase in prices, it will not last long as the government will try to bring it back to normal prices. Moreover, during times of crisis like this there should be no increase in prices for food, even though it becomes scarce but the government should be more siding with the people not to burden them by raising prices.
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bryant.coleman
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October 01, 2020, 06:24:04 AM |
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in a time of a pandemic like now the price of food in my country remains stable, there is no decline in prices, a pandemic is only a sufferer for people under them who cannot go out to earn money. food prices have no effect.
This is the case with most of the countries. Even in my country (which imports more than 90% of the food), the prices have remained stable. The pandemic didn't had any impact at all on the food production. Obviously there were some obstacles in the movement of goods, but that was resolved in quick time. Also, the governments around the world this time made sure that the food availability remains stable.
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wxa7115
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October 01, 2020, 07:05:47 PM |
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~ How is it in your country ? Same ? ~
I don't know why that happened to you country, was that for your whole country? Maybe there was shortage for your areas' fruit, vegetable, meat, and grain products, that is why the price increased dramatically. In our country, here on our city, some price of food went down, most still stays on their price before the pandemic happened. Don't worry, everything will fine soon. It is doubtful this is something that is only happening in the place where he lives, if this was something happening locally then the market forces would have moved food there as fast as they could to sell it for an higher price, this will increase the supply available and eventually reduce the cost of the food on his region. Most likely this is happening all over his country and it is possible this is happening because the country were the OP lives depends on food imports which were slowed down because of the pandemic and another possible factor is that the governments that exported that food decided to keep it in store in the case they needed it for their own citizens causing a shortage on the countries that depended on that food.
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worldofcoins
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October 02, 2020, 04:00:31 PM |
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in a time of a pandemic like now the price of food in my country remains stable, there is no decline in prices, a pandemic is only a sufferer for people under them who cannot go out to earn money. food prices have no effect.
This is the case with most of the countries. Even in my country (which imports more than 90% of the food), the prices have remained stable. The pandemic didn't had any impact at all on the food production. Obviously there were some obstacles in the movement of goods, but that was resolved in quick time. Also, the governments around the world this time made sure that the food availability remains stable. It's happening worldwide, pretty much every nation confronting it due to COVID-19. Everything becomes more encounters because of low gracefully and profoundly request. Here's in my nation each food become costly and it is difficult for the helpless people groups to spend their cash on such circumstance. Every citizen stores the food for the upcoming events. Due to COVID-19, almost every business is stopped which effected on their supply of foods. Maybe that's the main reason why it happens
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ArIMy11
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October 03, 2020, 01:34:24 AM |
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Even do in our country also the prices of food in here was double in a pandemic situation so we need to find way to get more cheap price of food and it was hard to go back in our job also because they close it for our safety. But we are so glad that we have any plants growth in our backyard that we use to cook sometimes.
And the affected of COVID also in our country and being few are now than in the other past months are many or my country men are affected and died.
Yes that is correct. Big thank you to our plants inside our backyard. Due to that platns, we can avoid buying pricy foods so we can save our money or use the money to buy other important things that we need. During the Enhanced Community Quarantine period in our area, the Government provide seeds that we can plant so we can plant it then harvest it. It is a very helpful thing especially now that almost everything in the market double its price not only the food.
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worldofcoins
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October 04, 2020, 04:22:54 AM |
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Even do in our country also the prices of food in here was double in a pandemic situation so we need to find way to get more cheap price of food and it was hard to go back in our job also because they close it for our safety. But we are so glad that we have any plants growth in our backyard that we use to cook sometimes.
And the affected of COVID also in our country and being few are now than in the other past months are many or my country men are affected and died.
Yes that is correct. Big thank you to our plants inside our backyard. Due to that platns, we can avoid buying pricy foods so we can save our money or use the money to buy other important things that we need. During the Enhanced Community Quarantine period in our area, the Government provide seeds that we can plant so we can plant it then harvest it. It is a very helpful thing especially now that almost everything in the market double its price not only the food. In my country, most of the foods are still at the same price our government controls the COVID-19 when it occurs. Anyways many employs become jobless due to the COVID-19, plus many projects get closed which effect on the economy. Many companies stop supplying food and other stuff which decreases the supply maybe that's the reason why everything becomes more expensive.
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*meoww*
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jaysabi
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October 04, 2020, 04:46:12 AM |
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There are disparities between the CPI and prices people are actually paying for things they are buying regularly, so the real inflation rate is higher than the inflation rate reported by the CPI. Gas is component of CPI and the price is down, so it offsets some of the inflation experienced by consumers. Miles driven is way down so gas isn't as important anymore as an inflation indicator. Just one small way it's hard to measure the actual inflation rate being experienced in this economy.
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J.Amador
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October 05, 2020, 01:13:21 PM |
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yes we experience the same problem what your country facing right now. the food and vegetable is now in a higher value maybe this is the cause of the pandemic because of the raising value of food many people in our country is suffering and dying because of hunger.
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maxdin
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October 05, 2020, 03:12:44 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
Its not the same way in other countries, but I'm pretty sure its still bad for most of the world still. And my guess is its inevitable, because global economy is in a really poor state right now because of corona obviously. Unfortunately, things only get worse, so we should expect even worse economical state in the future
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slapper
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October 05, 2020, 03:20:47 PM |
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This situation occurs all around the world and there is no sign of stopping. Meat in my country especially porks, is extremely high even though the government tried everything they could to prevent the price from going higher. The price is currently lower than the past month but it still very expensive if we compare it with the early of this year. Our economy will recover but it will never be the same. The price will remain as high as it is right now and salary might increase in order for people to afford to buy food
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wxa7115
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October 05, 2020, 04:29:08 PM |
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It's happening worldwide, pretty much every nation confronting it due to COVID-19. Everything becomes more encounters because of low gracefully and profoundly request. Here's in my nation each food become costly and it is difficult for the helpless people groups to spend their cash on such circumstance. Every citizen stores the food for the upcoming events. Due to COVID-19, almost every business is stopped which effected on their supply of foods. Maybe that's the main reason why it happens
I think the price of food went up all around the world but probably not in the same proportions, after all when the covid19 crisis finally became evident all around the world people began to stock supplies to prepare for the pandemic and there were many images of stores that were completely empty because people bought everything that they could. This has created a problem of a higher demand for a product that is scarce and as we know these are the perfect circumstances to force price increases and when we add many businesses are on a bad shape maybe they took advantage of this to make the prices even higher and recover some of the money they have lost during the pandemic.
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Majharul Saiif
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October 05, 2020, 05:19:55 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.
Hmm, That's right If this situation continues, everything will turn out to be more horrible later on. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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gagux123
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October 05, 2020, 10:03:40 PM |
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Yes, sure! In my country, several products have risen in value, rice, meat, vegetables, fruits, clothes and other things. This is the result of the pandemic and the massive printing of money (quantitative easing), inflation! ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Mahanton
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October 05, 2020, 11:32:01 PM |
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It's happening worldwide, pretty much every nation confronting it due to COVID-19. Everything becomes more encounters because of low gracefully and profoundly request. Here's in my nation each food become costly and it is difficult for the helpless people groups to spend their cash on such circumstance. Every citizen stores the food for the upcoming events. Due to COVID-19, almost every business is stopped which effected on their supply of foods. Maybe that's the main reason why it happens
I think the price of food went up all around the world but probably not in the same proportions, after all when the covid19 crisis finally became evident all around the world people began to stock supplies to prepare for the pandemic and there were many images of stores that were completely empty because people bought everything that they could. This has created a problem of a higher demand for a product that is scarce and as we know these are the perfect circumstances to force price increases and when we add many businesses are on a bad shape maybe they took advantage of this to make the prices even higher and recover some of the money they have lost during the pandemic. Thinking up logically as a business owner then you'll surely make advantage of the current situation but you should consider on not raising up too high because it will just make people suffer even more. Dont be selfish on making your goods too overpriced or else you would face up some problems knowing that theres a Depart of Trade and Industry which do really make control of good's prices. There might be some increase but wont really be that much.Same goes into my place where everything is rising up but not really on a huge spike but somehow these increases can really be felt when you are spending even more but you wont have any choice because it is a need for you to survive.
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Findingnemo
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October 06, 2020, 08:10:30 PM |
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This situation occurs all around the world and there is no sign of stopping. Meat in my country especially porks, is extremely high even though the government tried everything they could to prevent the price from going higher. The price is currently lower than the past month but it still very expensive if we compare it with the early of this year. Our economy will recover but it will never be the same. The price will remain as high as it is right now and salary might increase in order for people to afford to buy food
Don't expect the increase in salary because unemployment is at its peak so there is no reason for your salary to be increased,if you are from a country where the unemployment is under control then you can expect such things.In my country people are losing their jobs,business also going down on most sector better we need to survive before expecting the increase in our standard of life.
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bryant.coleman
Legendary
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Activity: 3724
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October 07, 2020, 05:19:37 PM |
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Don't expect the increase in salary because unemployment is at its peak so there is no reason for your salary to be increased,if you are from a country where the unemployment is under control then you can expect such things.In my country people are losing their jobs,business also going down on most sector better we need to survive before expecting the increase in our standard of life.
Many of my colleagues are working with reduced salary. They are saying that taking a pay-cut is much better than going without a job. A few of my friends have lost their jobs, and they are in very bad shape now. On the outside, the economy seems to be recovering, but some of the sectors were very disproportionately affected. I guess I am lucky, because my company hasn't cut any positions till now.
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palle11
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October 08, 2020, 06:58:08 PM Last edit: October 08, 2020, 07:18:30 PM by palle11 |
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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.
Purchasing power falls because when there are no jobs, the circulation of money also seize or limited. Money needs to be circulating for the economy to grow and if this does not happen, gross demestic product diminish. Every economy need to be productive for the good of all .
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