WTF? Food prices expected to raise up to 50% in German supermarket.

[kaya11]

It is to be expected, but I saw some other news that it was around 20 percent maximum around Europe. Never expected to be 50 percent, this is an alarming rate. The poor can't afford to eat 3 times a day anymore. What could be imposed to avoid this kind of dilemma? It is sad knowing that this could happen any part in the world including where my family lives in. It is very hard right now that we makes ends meet, our family rely on us. The world is getting harder every day to live in, these wars are the primary suspect and should be ended soon before people start dying of hunger.

[Lucius]

Plus by winter if the E.U. and Russia has not come to a resulotion with this "Ukraine issue", they better have the Rouble to pay Putin.

Until next winter, it is impossible to find alternative sources of gas and oil, at least not in sufficient quantities - and given that Germany is holding back even tougher sanctions against Russia, it is difficult to expect that it will stop doing business with Russia. As the country that is most dependent on Russian gas and has the greatest influence in the EU, we can say that next to Hungary, it is Russia's biggest covert ally.

As much as I had the opportunity to see the Russian media with great enthusiasm write about the elections in Hungary and their sister country Serbia, and hope that the presidential election in France in a few days could benefit because according to recent polls Marine Le Pen is very close to the current president.

Le Pen is opposed to globalization, which she blames for various negative economic trends, and opposes European Union supranationalism and federalism, instead favouring a loosely confederate 'Europe of the Nations'.[160] She has called for France to leave the Eurozone[161] and for a referendum on France leaving the EU.[162] However, as of 2019, she no longer advocates France leaving the EU or the euro currency.[145] She has been a vocal opponent of the Treaty of Lisbon,[163] and opposes EU membership for Turkey and Ukraine.[164][165] Le Pen has pledged to take France out of NATO and the US sphere of influence.[16] She proposes the replacement of the World Trade Organization[166][167] and the abolition of the International Monetary Fund.

On foreign policy, Le Pen supports the establishment of a privileged partnership with Russia,[16] and believes that Ukraine has been "subjugated" by the United States.[169] She is strongly critical of NATO policy in the region, Eastern European anti-Russian sentiment,[169] and threats of economic sanctions.[165] In response to the 2022 invasion of Ukraine, Le Pen criticized Russia's action despite her previous pro-Russia stance

[tygeade]

I posted about something like that months ago, specifically in Germany. The fastest, most efficient and the cleanest, or "clean enough" way to generate energy in the E.U.is through Nuclear. That" if they want a real solution to be independent from Russian natural gas.

Plus by winter if the E.U. and Russia has not come to a resulotion with this "Ukraine issue", they better have the Rouble to pay Putin.

The problem there is that you can't make a car go with nuclear energy. So, you still need some petrol in your country for many things, not just cars of course but that is probably mainly it, and airplanes as well if I am not wrong, that was Jetfuel right?

This is why I believe that we shouldn't really be considering being totally out of need of Russia. They will need Russia for a long time, but they could need them less, that us all they could hope for. They could also get it from places like Saudiarabia but to be honest I am not sure which of the two nations is worse, I feel like Russia looks cute compared to horrible things Saudiarabia is known to do.

[Flexystar]

We blaming government a lot these days but we never see their side? Government is not looking after just single thing but thousands of problems throughout the nation. Money in the central treasury can not be spent just like that or else it would empty the nation in worst possible way. Unrelated but you must have heard what’s going on in Sri Lanka! There is complete state of emergency because government took one wrong step of banning the fertilisers and rest is the story.

You can not expect this with every government. At least our government has thought everything through and not messing up to the level of emergency in the country!

There are some golden days when we enjoy stimulus, government schemes, rebates on taxes so I’m sure there will be times when government has to increase the supply chain costs to recover.

Moreover, it could be international trades that’s getting costly sometimes so ultimately the cost has to be paid by us. It’s really sophisticated and we only care about 50% hike in prices for rice and chocolate bar.

[lixer]

It is to be expected, but I saw some other news that it was around 20 percent maximum around Europe. Never expected to be 50 percent, this is an alarming rate. The poor can't afford to eat 3 times a day anymore. What could be imposed to avoid this kind of dilemma? It is sad knowing that this could happen any part in the world including where my family lives in. It is very hard right now that we makes ends meet, our family rely on us. The world is getting harder every day to live in, these wars are the primary suspect and should be ended soon before people start dying of hunger.

Not to eat 3 times a day is not a new thing anymore but starting when the price starts to get higher, people are now conserving their food and money and they eat like 2 times a day. There are also people that are not poor but simply diet and they don't eat 3 times a day. That doesn't harm your body anyway but in fact it can have some great benefits because the calories that you consume are now lesser.

Wars might have an impact to to this issue but even without wars, we can still expect an issue like this not only in German but to all parts of the world. There's a sanction that is already imposed in the hopes that the war would stop and we can feel a little relief after that.

[Renampun]

...

The basic needs of humans are gas and oil...

Honestly, I am sad to see German citizens who complain that food prices have increased dramatically during the sanctions imposed by their country on Russia. I know that the german government imposed sanctions on russia so that putin can stop his madness, hopefully other countries can help the difficulties that germany is facing.

[Poker Player]

...

The basic needs of humans are gas and oil...

I don't quite understand your sentence, it seems to me to be irony. If so, I'd like to specify that gas and oil are not basic needs but eating, heating in winter, and cooking (without having to make fire with wood) are basic needs or are very close to them.

The food we eat is transported thanks to oil, and in order to mass produce it, oil is also used.

Honestly, I am sad to see German citizens who complain that food prices have increased dramatically during the sanctions imposed by their country on Russia. I know that the german government imposed sanctions on russia so that putin can stop his madness, hopefully other countries can help the difficulties that germany is facing.

You don't know much about Europe, do you? Germany is the most economically powerful country in Europe, and there are countries where they are even worse, as would be the southern countries, although this would be largely due to pre-war problems, but the other European countries are not going to help Germany, in order to help them they would have to be economically better off, and that is not the case.

[Wind_FURY]

Covid pandemic + shortage of gas = inflation.
An economists would expect it but if an average Joe also knows it then time will just tell when the inflation will begin. It's not just Germany. My damn electric bill is going up every month and I am freaking out.
Our electric usage is the same, it's a routine. It even shows in the graph history of my monthly usage consumption. This is the time. They need the money back and people will pay for what they received for free in 3 years.

It's not just because of the increasing prices of commodities from the Energy Sector. The price of Fertilizer, and other commodities related to the Agricultural market has been increasing too. Russia is the largest exporter of fertilizer, now it's banned from the world market.

[Smartprofit]

Russia does not have a positive future.  In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban. 

It was in the West that she could find friends and allies.  But it is in the west that terrible battles are now taking place.  And it is with the EU countries that an economic war is being waged.  This is complete madness... 

Perhaps, immediately after the collapse of the USSR, Western countries should have offered Russia a clear and concrete step-by-step plan for its integration into the Western world? 

Perhaps this would have avoided the catastrophe that has occurred now? 

Europe (together with Ukraine) and Russia could become a very convenient, rich, cultural and technological territory if they cooperated rather than antagonized.

[Wind_FURY]

Russia does not have a positive future.  In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban. 

In the East, China is actually Russia's ally. Russia has already started a trade deal, and has just delivered China's order of oil and coal all paid in Yuan. I believe this will only be one of the actions that will start to weaken the U.S. Dollar's position as a world reserve currency.

[Smartprofit]

Russia does not have a positive future.  In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban.  

In the East, China is actually Russia's ally. Russia has already started a trade deal, and has just delivered China's order of oil and coal all paid in Yuan. I believe this will only be one of the actions that will start to weaken the U.S. Dollar's position as a world reserve currency.

Civilizationally, China and Russia are absolutely alien to each other.

Russian children read novels by Frenchman Jules Verne, Scotsman Robert Lewis Stevenson, Englishman Daniel Defoe, Americans Harry Harrison and Robert Sheckley, Swede Astrid Lindgren, German Brothers Grimm.  They do not read Chinese fairy tales and novels.  

China is Russia's neighbor.  However, its volume of trade with Russia is only 3 percent.  

China's main trading partners are the US, the EU and Japan.  

China has the potential to occupy most of Russia.  From this step, he (perhaps) is kept only by the fact that the Russian Federation has nuclear weapons.  

China has no reason to quarrel with its main trading partners over Russia.  Strategically, it is important for China to weaken the economic and military power of Russia.  

In fact, Russia has already concluded long-term agreements with China on the sale of cheap gas and the supply of timber.  What else can Russia give to China?

[magneto]

Wow. This is wild, wild stuff.

However, it is entirely expected. The traditional model of central banking simply does not work when it comes to supply chain shortages and sudden upswings in prices.

They have spent the past decade fighting deflation, only to realise way too late that they probably should have hiked interest rates a lot sooner instead of going into the negatives.

[verita1]

I'm also going to share an article regarding inflation in Germany that differs a bit from the article OP shared. Not since 1990 has inflation in Germany reached a maximum like it is now.
In February, it stood at 5.1% due to the appearance of the new Omicron variant and what it implies economically when health comes first. With respect to the end of March, it stood at 7.3% due to Russia's war against Ukraine and the economic consequences of Russia's sanctions and its energy dependence.
Experts point out that energy production must be increased in order to meet demand due to the current crisis.

https://www.google.com/amp/s/amp.dw.com/en/germany-inflation-hits-30-year-high-at-73-growth-outlook-dims/a-61301850

[adaseb]

I didn’t read this entire thread so I don’t know if someone above me commented on the German 50% food hike however on Twitter they basically said it’s click bait mostly.

Most items went up by 10-20% and the food is still cheaper there than rest of Europe. There was maybe an item or two which increases by 50% however it’s not every single item.

This is nothing new. Wherever you are in the world we all know that groceries went up by maybe 20-30 % in the last few months. Hopefully it doesn’t get any worse than it is right now.

[macson]

i thought the increase in food prices only happened in my country but it seems that many countries are experiencing it, especially Germany.  a few days ago our head of state announced that a 30% increase in food prices was inevitable, This happened because following world oil prices and also delays in the distribution of oil to the country, here people's income did not increase but expenses increased, hopefully the best solution is found.

[Wind_FURY]

Russia does not have a positive future.  In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban.  

In the East, China is actually Russia's ally. Russia has already started a trade deal, and has just delivered China's order of oil and coal all paid in Yuan. I believe this will only be one of the actions that will start to weaken the U.S. Dollar's position as a world reserve currency.

Civilizationally, China and Russia are absolutely alien to each other.

Russian children read novels by Frenchman Jules Verne, Scotsman Robert Lewis Stevenson, Englishman Daniel Defoe, Americans Harry Harrison and Robert Sheckley, Swede Astrid Lindgren, German Brothers Grimm.  They do not read Chinese fairy tales and novels.  

China is Russia's neighbor.  However, its volume of trade with Russia is only 3 percent.  

China's main trading partners are the US, the EU and Japan.  

China has the potential to occupy most of Russia.  From this step, he (perhaps) is kept only by the fact that the Russian Federation has nuclear weapons.  

China has no reason to quarrel with its main trading partners over Russia.  Strategically, it is important for China to weaken the economic and military power of Russia.  

In fact, Russia has already concluded long-term agreements with China on the sale of cheap gas and the supply of timber.  What else can Russia give to China?

Thanks for the history lesson. But I have only posted facts. Russia and China has indeed started a trade agreement between each other for Russia to sell oil and coal to China, everything paid in Yuan. What China might be trying to do is they're starting to position the Yuan as the replacement of the U.S. Dollar as "the currency" for World Trade.

[qwertyup23]

The problem with inflation is that there is no short-term solution to it. You have to have at least a medium-term vision to fight it and it cannot be based only on withdrawing liquidity from the market as the ECB plans to do. Energy policy also plays an important role, and the solution proposed to stop depending on Russian gas is more expensive.

I wholeheartedly agree with you. The problem with inflation is that the government must exhaust all the possible remedies to combat the rising of prices. This may include issuing of government bonds, incentivizing spending, printing money, etc. (though the latter method is very risky).

Inflation is not bad perse, in fact, the government has a standard of inflation rate that must be controlled at a certain rate. If this goes out of control, prices of all commodities would increase and this could be dangerous to the economy of one's country- which is what happening in Germany.

[Smartprofit]

Russia does not have a positive future.  In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban.  

In the East, China is actually Russia's ally. Russia has already started a trade deal, and has just delivered China's order of oil and coal all paid in Yuan. I believe this will only be one of the actions that will start to weaken the U.S. Dollar's position as a world reserve currency.

Civilizationally, China and Russia are absolutely alien to each other.

Russian children read novels by Frenchman Jules Verne, Scotsman Robert Lewis Stevenson, Englishman Daniel Defoe, Americans Harry Harrison and Robert Sheckley, Swede Astrid Lindgren, German Brothers Grimm.  They do not read Chinese fairy tales and novels.  

China is Russia's neighbor.  However, its volume of trade with Russia is only 3 percent.  

China's main trading partners are the US, the EU and Japan.  

China has the potential to occupy most of Russia.  From this step, he (perhaps) is kept only by the fact that the Russian Federation has nuclear weapons.  

China has no reason to quarrel with its main trading partners over Russia.  Strategically, it is important for China to weaken the economic and military power of Russia.  

In fact, Russia has already concluded long-term agreements with China on the sale of cheap gas and the supply of timber.  What else can Russia give to China?

Thanks for the history lesson. But I have only posted facts. Russia and China has indeed started a trade agreement between each other for Russia to sell oil and coal to China, everything paid in Yuan. What China might be trying to do is they're starting to position the Yuan as the replacement of the U.S. Dollar as "the currency" for World Trade.

China is in any case (unlike Germany) a beneficiary in this situation.  

Yes, he will buy oil and coal in Russia for yuan (he may also be interested in palladium, which is widely used in electronics).  Russia will receive foreign exchange earnings in yuan.  With these yuan, she will buy Xiaomi smartphones and Honor laptops from China.  

But that won't solve her problem.  

For the development of Russia, advanced technological equipment is needed - machine tools, the most modern equipment for oil and gas production, etc. The main technologies are Western.  The Chinese are incredibly systematic and diligent, but they are completely lacking in creativity. In Chinese smartphones, most components are of Western origin.

China is certainly expanding its influence in the world (including in the financial sector).  But he does it slowly, applying the principle of soft power.

China is not an ally of Russia.  He is her direct competitor.

Germany is Russia's natural ally and its best trading partner.

[Synchronice]

Food prices are quite low in Germany. If you cook yourself and don't eat at restaurants, at the moment €170/month is enough to eat normal healthy food. For €300/month you can have a great menu including meat, dairy, fruit, vegetable, bakery, sweeties, and fish. I am into bodybuilding and €300/month is enough for me to keep 40/40/20 Protein/Carb/Fat ratio and I consume 1.5 grams of protein per pound of body weight. My diet mostly includes chicken fillet, eggs, milk, oatmeal, fruit and vegetables.

Even a 50% rise won't be a catastrophe for germans but if you are into nightlife, spend money on drinks, and have fun with girls, then the quality of life will decline a little.

But Germany is a very unique country with its people. I'll say that this country is capable of doing unimaginable things in a very short time if there is a need of them. World War 2 is a bad example from me but that moment from history proves what are the capabilities of the Germany and germans.

Despite the fact that I love Germany, Angela Merkel's politics is what leads us and the whole world in the current situation. Instead of lessening the demand on Russian gas, Germany approved the development of Nord Stream 2. It would be economically and financially beneficial for Germany if Russia was a good country but when you see for years that it invaded two countries in six years (In 2008 -Georgia and 2014 - Crimea) and it's not even stopping, then definitely you should abandon them and collaborate with friendly and stable countries. As a result, Germany and the Europe made Russia rich by increasing demand on Russian gas & oil. It's very sad for me to say but the current war is funded by Europe and they knew it!

[Poker Player]

Food prices are quite low in Germany. If you cook yourself and don't eat at restaurants, at the moment €170/month is enough to eat normal healthy food. For €300/month you can have a great menu including meat, dairy, fruit, vegetable, bakery, sweeties, and fish. I am into bodybuilding and €300/month is enough for me to keep 40/40/20 Protein/Carb/Fat ratio and I consume 1.5 grams of protein per pound of body weight. My diet mostly includes chicken fillet, eggs, milk, oatmeal, fruit and vegetables.

In fact, in historical terms, food is cheaper than ever around the world thanks to mass production. But here the issue is that many people live paycheck to paycheck, and let's assume that a family that spends 400 euros on food, if food becomes 550 euros, they won't be able to make ends meet. They are going to have to buy cheaper things or cut back elsewhere if they can. This also means that people who spend a small amount of money on savings will not be able to continue saving. And let's remember that the rise in prices does not only affect food, it is generalized.

Germany and the Europe made Russia rich by increasing demand on Russian gas & oil. It's very sad for me to say but the current war is funded by Europe and they knew it!

Yes, I think you are right. The missiles falling in ukraine have been paid for at least in good part with European money buying gas. Looking at it in perspective, giving up nuclear and coal to become overly dependent on Russian gas was insane. Which Trump warned about, by the way, and was laughed at and called crazy. Not that I agree with everything Trump said, but he got this one right.