Can commodities return to its price last year?

[xSkylarx]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

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[NeuroticFish]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Inflation is always there. While the inflation will be reduced in the future, it will most probably not get reverted. So I think that the answer, from fiat perspective, is no.
Obviously, Bitcoin is meant to fix this.

[avikz]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I don't see any reason for which the price of commodity will ever come down to previous level. Inflation is an integral part of the economy. When it goes beyond control, that's when the worry starts. Otherwise inflation is very normal. If inflation becomes zero, that's a sign of recession! So there's no way the price of commodity will ever come down to previous level ever. Some certain commodity may go down for some specific government policies, but it is impossible for the whole market to come down to previous level.

[Obito]

I don't know where you're from but I don't think a deflation or rollback in prices are going to be a possibility if your country becomes stable in terms of economy, either the value of your currency gets stronger against dollar or the minimum wages in the country gets much higher to be enough for someone to live a comfortable life and not just survive.

[Moneyprism]

commodity prices certainly won't be able to return to their previous prices due to inflation.. but if oil prices go down, along with transportation costs and production declines,, of course this will affect commodity prices and make prices more affordable,, but I think this will be difficult to achieve

[Doan9269]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen

It's not going to happen anytime soon, once a orice rises it is very difficult to biunce back to initial point, though it may slightly drop but not as exactly as before, note this, that whenever a country is notable with the running of such economy system, it may be hard for it to remain stable rather keep getting worst unless the government itself work it out by controlling the production outputs of the country GDP, man labour, employment, poverty reduction and other alleviation services from within which could help lessen the full dependencies on important materials from other countries thereby boosting their own economy from within through production.

[palle11]

This is an unfortunate situation that the world is suffering from currently and it is not only on your location or the country that you live so have that in your mind. Funny to your question, no way that things will go back to the way it was, you can't turn back the hands of time. This is what global inflation has caused because things are not stable any more, there are socio-political issues almost in every area those are challenges.

Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

There may not be a time like that if you keep to the pace of development and technological change. If you keep your eyes on the internet there will keep finding what to do to have services to offer.

[$anounimus$]

Rising global demand for food, crop damage by extreme weather events, and climate change mean that food prices are likely to rise for at least the next few years. In most cases, any news that affects the price of a commodity, for better or for worse, can have a major impact on the price of the commodity. The impact of monetary policy on these price trends varies. On the one hand, rising interest rates fueling inflation may also hurt commodity prices. In my opinion, it takes time for the commodity to return to its price if you look at the current situation.

The best way to protect yourself from these price swings is to create an emergency fund that you can rely on when the going gets tough. An emergency fund won't prevent you from buying food the day before payday, but it should be able to help you for some time.

[jackg]

I don't know where you're from but I don't think a deflation or rollback in prices are going to be a possibility if your country becomes stable in terms of economy, either the value of your currency gets stronger against dollar or the minimum wages in the country gets much higher to be enough for someone to live a comfortable life and not just survive.

I have had a similar thought to this. A lot of supermarkets have products they make a loss on to remain competitive with other supermarkets in the UK (especially things like milk and bread). I think the same thing will start to happen again later as cheaper products are found the replace what's currently around or people replace things that went up in price with other things.

A lot of the current pricing that went up is likely to be due to oil prices rising too which is something I'd expect to drop after a year or two.

Also depending on your country, your wages will probably rise (emerging economies) or inflation will probably drop or go negative (developed economies).

[Sanitough]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Inflation is always there. While the inflation will be reduced in the future, it will most probably not get reverted. So I think that the answer, from fiat perspective, is no.
Obviously, Bitcoin is meant to fix this.

Inflation I think will stay for good, and so we should expect that the prices will increase more in the years to come. Government may create some ways to prevent this never ending price increase, but still we cannot expect for it to return to the price last year, but maybe the prices can be in controlled somehow. The reason why we should look for better option for fiat, and I think bitcoin is just right the time and the perfect answer to our problem.

[Hydrogen]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen.

It is definitely possible for commodities to return to previous year prices.

Think of it this way. There are regions of africa where the average monthly wage is around $700 per month. People there can afford to pay their bills and feed themselves, comfortably. At a fraction of the cost of living expenses abroad. If food can affordably be produced in developing nations, for a fraction of the price that americans and europeans pay for it in their home countries. Then there must be some wiggle room for food production being made more efficient. Due to food production costs being so much higher than the barebones baseline of developing nations.

Those in rural areas, might transition to fishing and hunting to reduce food costs.

Rising cost of food is a supply issue which can be solved by boosting production.

If everyone in the world started planting some type of food crop today. That could go a long way towards improving food sustainability for the future.

[AmoreJaz]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Inflation is always there. While the inflation will be reduced in the future, it will most probably not get reverted. So I think that the answer, from fiat perspective, is no.
Obviously, Bitcoin is meant to fix this.

Inflation I think will stay for good, and so we should expect that the prices will increase more in the years to come. Government may create some ways to prevent this never ending price increase, but still we cannot expect for it to return to the price last year, but maybe the prices can be in controlled somehow. The reason why we should look for better option for fiat, and I think bitcoin is just right the time and the perfect answer to our problem.

this is the scenario that will likely happen, however, there's still possibility that some of the goods will go back or reduce its prices, depending on how your government will handle the situation. like for example the import and export of those goods, foods, and other things. or how they will develop the production of your agricultural products. if the harvest is too much for your country or your area, definitely, the price will decrease.
however, the more likely to happen is the increasing price of basic commodities as we are experiencing inflation.

[samcrypto]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Price won't return to it's old value, and that is because of inflation. Yes it will continue to rise and no one can stop that, it's just that crisis are making things so fast and we are force to deal with such expensive necessities. We have to be more wise now on handling our finances, spend only on what's important and don't over spend. Commodities might go back to normal price but expect for the price to rise again eventually, imagine the old price of burger are now different and that is inflation.

[dark1234]

Along with inflation, the nominal fiat will get bigger and for food commodity prices it will be impossible to return to the previous price except for agricultural commodities which depend on supply.

everyone will get used to the price that is fixed over time and to meet our needs it takes effort for it, and the standard of living will always change according to the level of economic inflation of each country

[passwordnow]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Possible but it has to start with the oil prices rolling back from where it was used to be before. Oil is like the indicator of the entire economy and whenever it goes up, everything is affected but it's also affected by some other commodities. Inflation is inevitable and we have to bear with it and think of things of dealing with it like more sources of income, living more with a frugal life and have a budgeting that you'll set and follow for you to have a tighter pocket and spending habits.

[Gyfts]

The answer is actually a bit more complicated than it might seem because the core of inflation is bifurcated with respect to supply and demand.

The war in Ukraine resulted in an artificial shortage of energy and subsequent supply that caused prices to go up because demand either remained stagnant or increased. Commodities predictably went up in price which caused the inflation rate in most European countries to increase given the increased price of goods. Presumably when the war ends, prices go down as supply increases and demand maintains itself to 2021 levels (pre-war).

However, the above analysis is predicated on demand remaining stagnant which you cannot assume. The COVID-19 related spending spree saw a demand increase because the money supply was injected with nothing more than a bunch of worthless paper. Essentially, the government saw it more prudent to keep economies shut and instead provide economic stimulation to the tune of trillions across Europe and the U.S combined. If money supply is increased, then demand will go up. Combine an increase in demand with a decrease in supply, then you get double digit inflation levels.

Only expect the the rate of price increases (aka inflation) to go down to the extent the supply shortages can correct itself post war. COVID-19 money printing demand increases cannot be controlled and will drive inflation. Don't anticipate the absolute prices to go down, of course. They never do.

[Darker45]

The thing with the rising of prices of goods and services during a crisis is that by the time things are going back to normal, the prices remain the same. Pre-pandemic prices of goods and services were relatively low. At the height of the pandemic, prices rose to new levels. Now that the new normal has taken over and the dust of COVID-19 has already settled down, the prices remain high. Although certain goods and services may have some little rollback in price, majority of them won't anymore adjust.

[palle11]

Now that the new normal has taken over and the dust of COVID-19 has already settled down, the prices remain high. Although certain goods and services may have some little rollback in price, majority of them won't anymore adjust.

I think the new normal can only be felt in the sense that the quarantine is no more and social distancing may have been reduced but restrictions of covid-19 are still there. You don't travel freely and the numbers of passengers are reduced to take care of contact and this is the beginning of the increase in prices.
To me the rollbacks are just not seen because the inflation is higher now in the last two years of covid-19 compared to the last 10 years back. The price of goods have increased like double of what it was.

[livingfree]

The thing with the rising of prices of goods and services during a crisis is that by the time things are going back to normal, the prices remain the same. Pre-pandemic prices of goods and services were relatively low. At the height of the pandemic, prices rose to new levels. Now that the new normal has taken over and the dust of COVID-19 has already settled down, the prices remain high. Although certain goods and services may have some little rollback in price, majority of them won't anymore adjust.

Well, that's the sad reality that have strucked me long time ago already. Even if things will go back to normal but when it's come to the price reduction of most goods and commodities, it's going to take time and businessmen are also taking advantage of it.

It's hard to reduce it back from what we've used to see and that's why, acceptance is the key on this and we have to move on and deal with the current situation.

Everyone has to deal with it and look at the situation, they've come to us altogether. Coming from pandemic, war crisis, food shortage, inflation, as in all of these crises have came together and we're still here surviving, thank goodness.

[Zlantann]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I might not be very knowledgeable about how commodity pricing works in other countries but I am well experienced as regards to my country. Immediately price of goods or services goes up due to some challenges it would never come back to normal. Even if the problem is fixed the price would still be high.

It is the responsibility of the government to analyze the economy to ascertain the right price for goods and services based on the current level of inflation. The results of this analysis would be used to regulate the pricing of goods and services to ensure that the citizens are not exploited. But when this government agencies fail to carry-out their regulatory function, greedy companies and individuals would take advantage of consumers.

Yes I expect that if peace returns to Russia and Ukraine and the supply of gas, oil, and agricultural products stabilizes the price of good should come back to normal. But like I stated, it would only happen if the government is doing its job.

[hugeblack]

There are several reasons for the increase in prices, including the strength of the dollar, the resulting inflation due to supply chain problems, and the increase in interest rates, but there are some irrational increases that occur in some goods or sometimes for a wide range of goods and services.
Based on all that I have mentioned, the possibility of lower prices is possible and will be beneficial if the supply chain problem is resolved, although I believe that many governments will fail to maintain a low level of inflation.

[ethereumhunter]

We know that once commodity prices increase, it will be difficult to bring them down because it will affect the conditions in the market. Maybe that could happen if there was more supply for basic food so that it could push the price down.

I still believe that in the future, people will still be able to buy or finance a basic life. But maybe the quality of that will not be as good as now or in the past because there have been a lot of changes.

[South Park]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

There could be a small reduction in the prices but nothing major, while governments have been trying to blame this on logistics issues and the war most of the inflation comes from the increase in the money supply, and since they are not going to reduce it then the increases we are suffering are pretty much permanent, so there is not much we can do except trying to look for cheaper alternatives while saving our money in an asset like bitcoin.

[goaldigger]

We know that once commodity prices increase, it will be difficult to bring them down because it will affect the conditions in the market. Maybe that could happen if there was more supply for basic food so that it could push the price down.

I still believe that in the future, people will still be able to buy or finance a basic life. But maybe the quality of that will not be as good as now or in the past because there have been a lot of changes.

We might see a slight price back but in the long run, the price will still rise especially inflation continues to rise over time as well. We have to deal with this now, commodities and basic necessities are not getting cheaper anymore, we might pay for the cheap price but the quality and volume of that is totally different now. Over time we will get used to it and the only way to survive is to increase the value of our money, so invest wisely.

[freedomgo]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

It’s hard to expect that prices of basic commodities will soon to decrease and return to regular prices. The inflation has become even worst and chances are, it will continue to exist and create another price increase in the market. That makes it harder for average earners since their budget will very hard to make ends meet, so they have to adjust their expenses and their daily consumption just to survive.

[Bazzu]

Yes, inflation is felt by many countries now, and in my country also feels inflation because the price of food prices and so on goes up, but of course I think it will be difficult to reach prices like last year because the world economic situation is going down, so it will be difficult. it is difficult to reach prices like last year, but of course we will have no difficulty with inflation as long as we live in a country with wise leaders, because if we have wise leaders, employee salaries will certainly increase like employees and so on, even for small people given donations, so inflation will not be too difficult as long as it has good and wise state leaders.

[Ultegra134]

It is possible, but certainly not going to happen in the upcoming months or even years. The only positive we've seen in the past few weeks is oil and CNG prices massively dropping. Although they're still extremely volatile, both have marked significant drops during the past month, with crude oil having dropped from $100+ to well below $90/barrel, while natural gas has dropped from over $9.680 per 1000 cubic meters down to $6.700. The most upsetting fact about this is that, despite such a significant fall, gas prices here are still extremely expensive for whatever speculative reason.

Grocery prices, on the other hand, keep increasing week by week. Yogurt, milk, dairy products, and meat have become luxury goods. It's depressing to say the least.

[philipma1957]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

If prices drop they wont be what they were.

I am diabetic I manage my illness via diet.

No rice
No wheat.
very low carbs.

Eggs were good as they are low cost.
$1.69 a dozen for jumbo eggs

now $4.19

so three dozen eggs a week used to be about 5 bucks now 12.50

or 260 a year now 650 a year.

fish way up
meat way up
cheese way up
nuts way up
frozen veg way up
Basically my diet costs 2x what it did .

yeah times are hard.

[ethereumhunter]

We know that once commodity prices increase, it will be difficult to bring them down because it will affect the conditions in the market. Maybe that could happen if there was more supply for basic food so that it could push the price down.

I still believe that in the future, people will still be able to buy or finance a basic life. But maybe the quality of that will not be as good as now or in the past because there have been a lot of changes.

We might see a slight price back but in the long run, the price will still rise especially inflation continues to rise over time as well. We have to deal with this now, commodities and basic necessities are not getting cheaper anymore, we might pay for the cheap price but the quality and volume of that is totally different now. Over time we will get used to it and the only way to survive is to increase the value of our money, so invest wisely.

And before the prices of commodities and basic necessities rise further, we must try to raise money to continue to buy them later. And we can only hope that when the price increases, the supply of commodities and basic needs can still be available and not scarce in the market because this usually happens when all prices increase. The government will usually say that supplies are in distribution and the public is asked to be patient. We should be able to try to prepare more money by working harder and looking for the right investments so that we can make money later.

[iv4n]

There's no chance that "prices will return to the old"! First, the corona, then this war, in which everyone is involved in some way, is shaping a new reality, that's why I have the feeling that there's no going back "to the old", whatever that "old" means. There will certainly be market circumstances that will lead to the price lowering and correction of some products, but it will not be the "old price".

The question is, are the prices of some products now realistic or blown? It seems to me that many have taken advantage of the global situation, everything has become more expensive and will continue to become more expensive. I'm not sure when and if everything will calm down, and winter is coming...

[el kaka22]

It won't go back to what it used to be, but that is not what we are trying to achieve here neither, what we are trying to see is the prices staying the same. If something went from 1 dollar to 2 dollars, it's ok for it to stay at 2 dollars and not go back to 1 dollar, but more important thing is for it to not go to 4 dollars and double again, we need to stop that part.

So, let it be staying at the same price, there is no worry there, our salary will catch up to it eventually, the reality is that we should be reaching to a point where the prices stay, but salaries grow and when that happens, we will live a comfortable life all over again.

[autumnleaf]

It is very unfortunate that prices continue to rise due to inflation brought on by a shortage, particularly of our basic necessities, which significantly impacts our daily lives. However, it is even more regrettable that so many people took advantage of this global situation. But while we can't say with certainty when everything will return to normal, we can only hope.

[beej]

There is a strong probability that prices are not going back
down. If things do go well, salaries will improve as a form
of compensation, regardless if it’s implementation speeds
up to somehow overtake the ever growing prices of different
commodities and necessities everywhere. Lets face it, its the
new norm, the contemporary baseline to modern life. The
precursor of a change a lot of us might not hope for, but its
rooting and initiating structures right in front of everyone
around the globe.

[Oceat]

It is very unfortunate that prices continue to rise due to inflation brought on by a shortage, particularly of our basic necessities, which significantly impacts our daily lives. However, it is even more regrettable that so many people took advantage of this global situation. But while we can't say with certainty when everything will return to normal, we can only hope.

There's no hope that this will return to normal since inflation was always like this and the only way is to move forward, accept everything since the population of this planet is growing while our basic necessity is limited everything won't be the same as ever before. We just have to accept and adapt to the changes to continue living as if it's not really a burden when you are living on the third world country. SMH

[Kadal Ijo]

Economic conditions that are very difficult to make the amount of production cannot be channeled optimally so that the price of many commodities decreases, this is a serious problem because the automatic production process will not be maximized.

[DrBeer]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

From the point of view of the monetary system of countries - most likely not, there will be no return to the prices that were. And there are several reasons for this:
1. A large mass of "printed, additional" money that covered the crisis situation, from the time of Covid, to the terrorist attack, the country of terror of Russia, on Ukraine.
2. Real problems in real sectors of the economy
3. Inflationary processes associated with real problems in the global economy
4. A significant financial burden on many countries associated with economic, energy and other problems that have developed over the past year.

Is this bad? Yes, not good. On the other hand, this is a way out of the crisis, and especially a solution to internal tensions associated with global destabilization. But not for everyone. Inflation in Britain or Britain is not the same as inflation in Zimbabwe or Russia .... They have different causes, and different probabilities of solution.

[kawetsriyanto]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen.

If you expect the prices of commodities to return to cheaper prices like the last year, it seems difficult to happen in the near future. In my country, the increase in petrol price triggers the commodity prices to increase more and more. Instead of expecting lower prices of commodities, they are going to skyrocket now. In my opinion, the government is trying to increase state revenue but they forget how the society's condition. 

It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I'm sure there will be a solution to deal with the current economic crisis.
We should try to get more income from any source, we need more side jobs. While the government should try to evaluate its policy in controlling the commodity prices on the market.

[wiss19]

They say that bad times are temporary so it is possible that prices can normalize soon together with the crypto and other markets so don't worry too much. For now you can still do something in order for you to survive like lessening your consumption of the items which price have doubled.

I know it's hard at first but you will soon get used to it. You can only raise your own chicken to obtain free eggs, you can plant your own crops, and so on. This can greatly reduce your expense and you will only spend your money on the items which you can possibly produce on your own. Investing our fiat money in assets like cryptos will also retain their value in the long run.

[Fortify]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

You'd need to be more specific, what commodities? There are all sorts of commodities and they are changing in value all the time - plus they can very often have little correlation between each other so it's a bit of a weak question. Commodities will naturally change in tandem with the world economy as well, when times are good then companies will be utilizing a lot more of them so the price is pushed up, when times are bad like heading into recession then the price drops to return back later. Also, money has been depreciating since the beginning of time, yes it might be at a faster rate right now but inflation generally effects all countries even if it was much  lower previously.

[South Park]

They say that bad times are temporary so it is possible that prices can normalize soon together with the crypto and other markets so don't worry too much. For now you can still do something in order for you to survive like lessening your consumption of the items which price have doubled.

I know it's hard at first but you will soon get used to it. You can only raise your own chicken to obtain free eggs, you can plant your own crops, and so on. This can greatly reduce your expense and you will only spend your money on the items which you can possibly produce on your own. Investing our fiat money in assets like cryptos will also retain their value in the long run.

More stable prices are a possibility, but if that were to happen they will become stable at the current levels and not the ones we saw before the pandemic started or even the period before the war at Ukraine, and while producing our own food can protect us somewhat from inflation when it comes to our food, it is not completely foolproof as most people do not have the land to do something like that, and even if you could you will still suffer from inflation as fertilizer and the food for the animals you raise have also gone up in value.

[Smartvirus]

More stable prices are a possibility, but if that were to happen they will become stable at the current levels and not the ones we saw before the pandemic started or even the period before the war at Ukraine, and while producing our own food can protect us somewhat from inflation when it comes to our food, it is not completely foolproof as most people do not have the land to do something like that, and even if you could you will still suffer from inflation as fertilizer and the food for the animals you raise have also gone up in value.

I guess that's where the idea of a universal currency comes in and we've got bitcoin enthusiast clamoring to bitcoin as the solution to inflation in our world. As much as I want it to be, I still have my doubts that bitcoin cannot be all the solution there is. For new eras breaths forth new issues of its own and the past issues could still strive in the shadows.
Inflation, though as negative as it is, it is one of the societal ills that won't go away but we can learn to manage it.

Things could go bad rather rapidly buy a healing time is always much slower. There isn't any way in which, we could hope for inflation to recover from a previous year in the next. We could always come by a yesterday's price but it isn't going to be tomorrow.

[Johnyz]

Prices can return to it's original prices or at least get more cheaper than it is currently if agriculture gets back the attention it had in early years. So far man has abused the ecosystem with various air polluted activities which not only depleted the ecosystem but also affected plant and animal growth. Food been a basic necessity of human existence has been made secondary to technology

Once the economy of many returns to a good level, I also see those commodities to at least be more cheaper but I don’t think it will come back the way it used to be. We are not on a much faster inflation rate than ever and usually those price can’t be back anymore for many economic reason. The population are also growing while the resources are becoming small, that can affect the supply chain and that is one of the reason of the price increase.

[Ultegra134]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

this will be a tough job for every country, the increase in commodity prices will complicate everything, one way that the government must do is of course by adjusting the average wage of each citizen in order to offset the price increase that occurs.  After an increase, it is usually not easy for commodity prices to return to normal as before because everyone is used to it and no one will feel disadvantaged later.

The increased price of goods is a vicious cycle, starting from the very basic ones, which are electricity and fuel/oil prices. With increased transportation and upkeep costs, we're doomed to suffer from massive increases in daily goods. The worst thing is that things aren't getting better anytime soon, since Brent and WTI crude oil have skyrocketed once again, almost surpassing $100 for Brent and $93 for WTI. At least we had noticed a minor relief in fuel prices in the past months. However, this is about to change, causing products to skyrocket once again.

[Zanab247]

I don't think, the price of commodities will return back to normal, because many commodities were affected during the pandemic that took over some years in the land that caused inflation that made the price of commodities to increase higher.  Since the government has done everything possible within their power to end the pandemic but another  crisis came up few months ago, between Russia and Ukraine that is making the whole world to feel massive inflation in the land. I guess, the only way commodities price can return back to normal is when all the countries of the world legaliz Bitcoin.

[blue_hurricanger]

We haven't back to the pre-covid economy yet for a lot of countries. So I doubt commodities can return to its price last year. Worse, commodities themselves align with fuel and electricity cost, and thanks to the energy crisis right now, both are skyrocketing in the whole world. Nope, we won't see its price back to the before anytime soon. Every kind of data and benchmark looks grim. Tourism also hasn't back to pre-covid yet. China is still under limited lockdown and they have a population number of 1,4 billion.

Anytime tourism and China back to the pre-covid number, huge demand for commodities will make the price rise as well.

[tygeade]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

It's not about "can they?" it's about when they will. Economy is ever growing meaning even if we could tackle inflation, and even if the fed rates stay high for a while, eventually one day we will grow back to where it was one day. Maybe it will take a few months, maybe it will take years, but we will get there for sure.

It took decades for someone like warren buffet to reach 60 billion dollars and be the richest person in the world at some time, but then took just a year or two for Elon to go from those levels to 300+ billion levels, all because of high inflation that happened and stock prices skyrocketing. Doesn't mean we will have it that quickly, maybe it will be very slow, but it will get there one day in the future.

[Vaculin]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Experts say that the situation could get even worse in the coming days. I guess in our current situation, it will still take time for every country to recover especially now that even huge countries are suffering. Average earners are now looking for more ways to earn because, to be honest, minimum wagers mostly can't afford to survive because of this inflation crisis. We have no choice but to be braver and find more ways to survive in the long run.

I think inflation is here for good so we can only anticipate that the prices of basic commodities will grow more as the years go by. Though rollbacks of prices might still be possible for some goods but I believe most of them will bound to increase so we should accept and live for it. It’s now up to the people most particularly for average earners to tighten their budget or find more ways to survive through looking for additional means for survival.

[Russlenat]

We know that once commodity prices increase, it will be difficult to bring them down because it will affect the conditions in the market. Maybe that could happen if there was more supply for basic food so that it could push the price down.

I still believe that in the future, people will still be able to buy or finance a basic life. But maybe the quality of that will not be as good as now or in the past because there have been a lot of changes.

Unfortunately, the prices of basic commodities keep on increasing while the basic salary of minimum wage earners has only less chances to grow so it’s an obvious reason that they are the ones who are very much affected with this current high inflation. But I don’t think the government have never seen this coming. Maybe they are still in battling on how to control the price inflation so that people can still afford to live a basic life just like before.

[milewilda]

We know that once commodity prices increase, it will be difficult to bring them down because it will affect the conditions in the market. Maybe that could happen if there was more supply for basic food so that it could push the price down.

I still believe that in the future, people will still be able to buy or finance a basic life. But maybe the quality of that will not be as good as now or in the past because there have been a lot of changes.

Unfortunately, the prices of basic commodities keep on increasing while the basic salary of minimum wage earners has only less chances to grow so it’s an obvious reason that they are the ones who are very much affected with this current high inflation. But I don’t think the government have never seen this coming. Maybe they are still in battling on how to control the price inflation so that people can still afford to live a basic life just like before.

Its responsibility of the government on giving out at least some aide because whether they do like it or not, inflation do really hits hard and something that cant really be avoided or simply inevitable.
Commodities could never really came back into its previous price but rather it would really be keeping on soaring as inflation do hits hard.Its true that there should be at least some adjustments
when it comes to salary because those wage earners would really be definitely having a hard time on having a living with soo much increase of prices which would end up for them to be miserable.
So for those who dont want to experience the worst then its better to find another source of income not only just coming from your dayjob.

[suzanne5223]

Although the rapid increase in inflation this year was from trigger by the issue of Covid-19 but if Covid didn't happen rapid inflation will eventually happen because the government keeps making use of their political error structure by wasting the funds they ought to use to develop the country on printing more fiat currency.
The price of commodities may return to its last year's price but it's determined by the government's decision.

[Hamphser]

Although the rapid increase in inflation this year was from trigger by the issue of Covid-19 but if Covid didn't happen rapid inflation will eventually happen because the government keeps making use of their political error structure by wasting the funds they ought to use to develop the country on printing more fiat currency.
The price of commodities may return to its last year's price but it's determined by the government's decision.

Have you ever in your life noticed prices coming down?
I have never - notice a price drop.
Also it is common practice that everytime we keep putting balme of our failure on other. When we are not being able to manage our finances we put blame on inflation

Never ever on my life i do experience where commodities and other living related stuffs are going down but rather they do keep on increasing as years passing by.If you arent that aware then comparing prices

back in the past would really be a solid proof that we arent going backwards anytime soon.This is why it would really be just wise for you to find alternatives on looking for other source of income.

Even inflation do hits hard then you are really that prepared.I agree on the point about putting blame on others specially on inflation when on the time that you are struggling on buying
on what you do need. 

[suzanne5223]

Although the rapid increase in inflation this year was from trigger by the issue of Covid-19 but if Covid didn't happen rapid inflation will eventually happen because the government keeps making use of their political error structure by wasting the funds they ought to use to develop the country on printing more fiat currency.
The price of commodities may return to its last year's price but it's determined by the government's decision.

Have you ever in your life noticed prices coming down?
I have never - notice a price drop.
Also it is common practice that everytime we keep putting balme of our failure on other. When we are not being able to manage our finances we put blame on inflation

Never ever on my life i do experience where commodities and other living related stuffs are going down but rather they do keep on increasing as years passing by.If you arent that aware then comparing prices

back in the past would really be a solid proof that we arent going backwards anytime soon.This is why it would really be just wise for you to find alternatives on looking for other source of income.

Even inflation do hits hard then you are really that prepared.I agree on the point about putting blame on others specially on inflation when on the time that you are struggling on buying
on what you do need. 

I understand your point guys but firstly the word "may" is about there maybe a possibility.
Having said that, we don't see the price of commodities coming down because the government is making the same mistakes year after year by printing more fiat currency ^{(because its another means for them to steal from the country's national cake)} with the fund they ought to develop the country.

[Ultegra134]

Although the rapid increase in inflation this year was from trigger by the issue of Covid-19 but if Covid didn't happen rapid inflation will eventually happen because the government keeps making use of their political error structure by wasting the funds they ought to use to develop the country on printing more fiat currency.
The price of commodities may return to its last year's price but it's determined by the government's decision.

It's a combination of both. COVID-19 actually slowed down inflation's growth. A small increase in inflation of 1–2% is actually considered healthy for the economy. During COVID-19's quarantine, the economy basically stopped progressing due to imposed quarantine measures.Thus, it was expected for inflation to suddenly bump up after it reopened. Generally, electricity and fuel prices were already on the rise before the war in Ukraine, in August-September, due to EU policies to turn to green energy and shut down coal plants. Westerners though, like to blame Russia and Putin for the electricity crisis they ignited.

[Cookdata]

They say that bad times are temporary so it is possible that prices can normalize soon together with the crypto and other markets so don't worry too much. For now you can still do something in order for you to survive like lessening your consumption of the items which price have doubled.

I know it's hard at first but you will soon get used to it. You can only raise your own chicken to obtain free eggs, you can plant your own crops, and so on. This can greatly reduce your expense and you will only spend your money on the items which you can possibly produce on your own. Investing our fiat money in assets like cryptos will also retain their value in the long run.

Bad times are temporary but go and check the basic prices of nesecities we used at home in the last 10 years. In fact, there are things we just can't do without even if we want to switch to alternatives, seasoning, for example, is a product you can't do without and its price has doubled, seeking for meat has a fish as an alternative but same fish has also doubled in price here, I doubt if there is even a single protein in the market that is still cheap, most options have all grown up in prices due to shifting in customers consumptions. As long as the circulation of fiat isn't reduced or make it deflationary, the price of goods and services will continue to shoot up.

I went to a boutique to buy some clothes 4 weeks ago and I was disappointed at how high clothes have become expensive, but looking at it though, I observe that the rate of importation is high here and they all depend on the dollar which is now high and scarce for a common business person and the banks are not helping them to provide.

[Swordsoffreedom]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen.

If you expect the prices of commodities to return to cheaper prices like the last year, it seems difficult to happen in the near future. In my country, the increase in petrol price triggers the commodity prices to increase more and more. Instead of expecting lower prices of commodities, they are going to skyrocket now. In my opinion, the government is trying to increase state revenue but they forget how the society's condition. 

Commodity prices will return to normal if inflation is brought down to 2% as usual and the war stops, world imports and exports flow better, then everything will stabilize and return to the old level.
At the moment, other than continuing to print money to support, I don't see a better solution for the government, but in the long run this will not be good for an economy.

It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I'm sure there will be a solution to deal with the current economic crisis.
We should try to get more income from any source, we need more side jobs. While the government should try to evaluate its policy in controlling the commodity prices on the market.

I don't think there will be a better solution than finding a solution yourself instead of waiting for the government to come up with a solution. Just like you, I am also working different jobs to earn money, sleeping less, resting less and working more is our only solution right now.

[Fara Chan]

The possibility that will happen to the habit of increasing the cost of goods will be difficult to decrease at the usual price, our currency will continue to depreciate and lose its value. While the price of these needs will continue to survive, if the price drops it will never return to its initial price.

For example in our place the price of rice last year was different from now, although there was a decrease in price, but it would never return to the basic price and so were other basic commodities such as eggs, oil, fish and meat.

[suzanne5223]

Although the rapid increase in inflation this year was from trigger by the issue of Covid-19 but if Covid didn't happen rapid inflation will eventually happen because the government keeps making use of their political error structure by wasting the funds they ought to use to develop the country on printing more fiat currency.
The price of commodities may return to its last year's price but it's determined by the government's decision.

It's a combination of both.

The world economy is already shaking before Covid-19 and people like Kiyosaki have made a warning statement but some people thought he was just trying to cause FUD.

COVID-19 actually slowed down inflation's growth. A small increase in inflation of 1–2% is actually considered healthy for the economy. During COVID-19's quarantine, the economy basically stopped progressing due to imposed quarantine measures.Thus, it was expected for inflation to suddenly bump up after it reopened. Generally, electricity and fuel prices were already on the rise before the war in Ukraine, in August-September, due to EU policies to turn to green energy and shut down coal plants. Westerners though, like to blame Russia and Putin for the electricity crisis they ignited.

You said the covid-19 slowdown inflation and I will be happy if you explain why it slows down inflation because the covid-19 is what actually fast track the world economic meltdown that was slow before.
I don't blame those that believe Russia and Putin play a role in the electricity crisis because the current invasion also does some damage.

[Viscore]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Most probably, prices of our basic commodities have less or no chances to return to its price last year since we are seeing more of price surging every year rather than seeing price decline. Maybe this is one of the realities that we should learn to accept along with inflation as it might be here for good. With this, expect that prices will continue to increase, thus limiting our purchasing power and increasing our funds to sustain our daily expenses. The reason that living our lives will become very costly, to the extent that minimum wage earners will live their lives the harder way.

[South Park]

More stable prices are a possibility, but if that were to happen they will become stable at the current levels and not the ones we saw before the pandemic started or even the period before the war at Ukraine, and while producing our own food can protect us somewhat from inflation when it comes to our food, it is not completely foolproof as most people do not have the land to do something like that, and even if you could you will still suffer from inflation as fertilizer and the food for the animals you raise have also gone up in value.

I guess that's where the idea of a universal currency comes in and we've got bitcoin enthusiast clamoring to bitcoin as the solution to inflation in our world. As much as I want it to be, I still have my doubts that bitcoin cannot be all the solution there is. For new eras breaths forth new issues of its own and the past issues could still strive in the shadows.
Inflation, though as negative as it is, it is one of the societal ills that won't go away but we can learn to manage it.

Things could go bad rather rapidly buy a healing time is always much slower. There isn't any way in which, we could hope for inflation to recover from a previous year in the next. We could always come by a yesterday's price but it isn't going to be tomorrow.

While that is certainly the direction governments want us to take I am against a single currency being used exclusively all over the world as this will mean a central government so strong that if you disagree with them they can destroy your life by simply not allowing you to buy food by virtue of not having any option, in fact while I do not like most altcoins I prefer a world with many currencies as governments and private businesses will be unable to do something like that to you as long as you do not use centralized coins or fiat but decentralized currencies which are still accepted at some other businesses.

[lalabotax]

It can be said to be impossible if the price of food ingredients can go down, the trend that occurs is inflation always occurs and starts from food, oil, electricity and so on, if oil and electricity can be reduced because it is usually controlled by the state, but it is different from decentralized food ingredients and the occurrence of price due to the influence of stock and demand.

Since the price of electricity and petrol prices are rising rapidly, I agree that it is almost impossible to see a permanent drop in commodity prices. Instead, the price of all commodities increases gradually, the inflation triggers a big rise in commodity prices. Sure, the government can control the price of electricity and petrol, they can decrease the price at any time. But during the inflation, the government won't have an intention to drop electricity and petrol prices.

[Tallupooh]

i think it will be difficult to lower the price like the past. that is, the economy is now more difficult than in other years. now there are many wars and the world is getting chaotic.

I also hope that, goods can come down in price like in the past. but, I think again, it won't be easy.

[Yatsan]

i think it will be difficult to lower the price like the past. that is, the economy is now more difficult than in other years. now there are many wars and the world is getting chaotic.

I also hope that, goods can come down in price like in the past. but, I think again, it won't be easy.

There will be small price rollbacks but things won't be the same as before. Are there anything which has a constant value in the market? I think there's none; things being sold to consumers are either depreciating or increasing in terms of market value, as years go by. The demand especially to necessities keeps on increasing because of the continuous growth to our population. Not unless market supply will be larger than the demand, that would be the only way to bring back the price to its lower state.

In my country, I am hopeless with what I have stated above simply because there are no strong support from the government. For example; Agricultural sector. They don't support their farmers by alloting them budget to buy new materials and to make farming and harvesting easier which would obviously result to better market supply. Same thing applies with other industries so to answer OP's question, I really think it would be impossible.

[Natalim]

I can't really be expecting that OP, I was hopeless, though.
It was really hard to bring back what happen today. The price increase was about to expect rather than a reduction and besides, it was already a story in the past. I can't really imagine that decades from now, the price went too high and possibly doubled the price today or even more but we have nothing to do with that increase as these traders and business owners also have nothing to do with the high price coming from foreign countries.

[Smartprofit]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

World inflation is very closely related to the growth of the Earth's population, scientific and technological progress and loan interest. 

There is nothing wrong with raising the price of goods.  This stimulates business and production.  However, it is very important that people's incomes grow at the same time. 

At present, in many countries, the rise in the price of goods is not associated with an increase in the purchasing power of households, but with a break in global logistics supply chains - because of this, the cost of goods and products is growing.

[Argoo]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Unfortunately, the economic situation in the world continues to deteriorate. This is facilitated by new varieties of coronavirus, and ongoing climate change, and the continuation of the most brutal Russian aggression in Ukraine since World War II, which has largely disrupted food supply chains around the world. Destruction is always material losses, loss of production capacity, unemployment and inflation. All this is very slowly restored. Therefore, in the coming years, the economic situation in the world will be very difficult and there are practically no hopes for the return of low prices.

[Cryptmuster]

Unfortunately, the economic situation in the world continues to deteriorate. This is facilitated by new varieties of coronavirus, and ongoing climate change, and the continuation of the most brutal Russian aggression in Ukraine since World War II, which has largely disrupted food supply chains around the world. Destruction is always material losses, loss of production capacity, unemployment and inflation. All this is very slowly restored. Therefore, in the coming years, the economic situation in the world will be very difficult and there are practically no hopes for the return of low prices.

You can forget about the old prices forever, Bodo Schaefer's book "The Path to Financial Independence" compares the cost of a cup of coffee in the past and now, prices have always risen and in the future they will also rise. It is clear that for many reasons now it has a global character, but there have been crises in the world before, everything in the world is cyclical, after so many years of growth it was clear that the global crisis was inevitable.

[Lubang Bawah]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

[Spaceman1000$]

Just way the legendary Tupac sang, " that's just the way it is! Things will never be the same". If an economy is hit by inflation, it's almost likely near impossible for commodities to go back to its normal price especially if there are no internal market forces to control the situation.

Inflation and it's multiplier effect on an economy will continue to grow, except critical measures are taken by the government to scuffle the growth of inflation by controlling the monopoly of the market forces. In so doing, prices of goods and services and the rising cost of commodities will be brought down.

[BigBos]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

As far as my experience goes, commodity prices will not return to their original prices if there has been a price increase, even though basically the supply of goods needed has met the initial standards before the increase, the average trader will take advantage of this moment to increase income, especially direct retail swords. dealing with consumers.
I am also like that, just worrying about how two or five years from now, is it possible for me to still be able to eat my fill from this average income. but that doesn't mean we have to stay in a coconut shell, you have to try and find other income opportunities to support you and your family's needs in the future.

[maydna]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

And once the price of staple products goes up, it will continue to go up because the traders will reason that their production costs are also going up, so they have to increase their prices because if they don't, they will lose. Currently, basic necessities are already high, but people can still afford to buy them, even though they have reduced the quantities. And as long as these basic needs are still on the market, people are still willing to buy them, even if a little. But it will be a different story if the price increases but the basic needs are not on the market.

[Jody.Drummer]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

And once the price of staple products goes up, it will continue to go up because the traders will reason that their production costs are also going up, so they have to increase their prices because if they don't, they will lose. Currently, basic necessities are already high, but people can still afford to buy them, even though they have reduced the quantities. And as long as these basic needs are still on the market, people are still willing to buy them, even if a little. But it will be a different story if the price increases but the basic needs are not on the market.

I remember some time ago, the availability of basic commodities was almost difficult to obtain. I will tell you a little about that situation, yes at that time it was hard to find ingredients that were needed in the kitchen, such as cooking oil. People are willing to queue for hours to get it even at a much higher price than before. But yes, when they need it, whatever the price, they will definitely be willing to buy it. But there's something interesting about situations like this, yes there are always people who are selfish. They hoard the goods so that it becomes more and more difficult to get them, with the aim that they want to get many times the profit from the difficulty of getting them. Here the role of the government is very important in maintaining the availability of materials that become household needs.
This is an example of what you're saying, that people don't care about price when they really need it.

[sana54210]

Just way the legendary Tupac sang, " that's just the way it is! Things will never be the same". If an economy is hit by inflation, it's almost likely near impossible for commodities to go back to its normal price especially if there are no internal market forces to control the situation.

Inflation and it's multiplier effect on an economy will continue to grow, except critical measures are taken by the government to scuffle the growth of inflation by controlling the monopoly of the market forces. In so doing, prices of goods and services and the rising cost of commodities will be brought down.

There is absolutely no way that it will "go back" to what it was, but our purchasing power could be. Meaning lets say there is an item called X, if you spent 1% of your salary to get X, and now you are still spending 1% of your new salary to get it again, that's good enough. But, if you are spending 4% of it and not 1% then it is bad. That's what people should be careful about, the purchasing power.

If you are still living the same life and not poorer, it doesn't matter how much inflation happened. If your salary was 1000 dollars and you bought a bread for 1 dollars, and then your salary became 10000 dollars and bread became 10 dollars, nothing really changed so it should be fine.

[Russlenat]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

Once the basic commodities prices start rising up, I don’t think it will ever drop again. And just settle with thinking that inflation is here for good, so we all need to expect prices surging from time to time. This is the best time not to depend on sole source of income, but rather go out from your comfort zone and explore the outside world where you can still make use of your skills and capacities in exchange for good compensation. That way, you will never keep on complaining why there are always sudden price increase, because you have prepared for it already. And most likely, you might be prospering instead as you already have multi sources of income that will provide your needs.

[dunfida]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

Once the basic commodities prices start rising up, I don’t think it will ever drop again. And just settle with thinking that inflation is here for good, so we all need to expect prices surging from time to time. This is the best time not to depend on sole source of income, but rather go out from your comfort zone and explore the outside world where you can still make use of your skills and capacities in exchange for good compensation. That way, you will never keep on complaining why there are always sudden price increase, because you have prepared for it already. And most likely, you might be prospering instead as you already have multi sources of income that will provide your needs.

Dont make yourself believe on things which arent really that likely to happen but rather it would be that impossible for it to happen and just like you said that inflation is here for good and we would really be having a future on which goods and commodities value and prices are really going high year by year on which it is something that is really inevitable to happen.Better to make yourself prepared for whatever things that might happen ahead because we would really be expecting a future where prices of goods/commodities/services would really be that expensive.This is why it would really be just right that we should
be finding up ways for us to improve our income so that we would be able to sustain.

[alastantiger]

Dont make yourself believe on things which arent really that likely to happen but rather it would be that impossible for it to happen and just like you said that inflation is here for good and we would really be having a future on which goods and commodities value and prices are really going high year by year on which it is something that is really inevitable to happen.Better to make yourself prepared for whatever things that might happen ahead because we would really be expecting a future where prices of goods/commodities/services would really be that expensive.This is why it would really be just right that we should
be finding up ways for us to improve our income so that we would be able to sustain.

Hardly has anything gone up that ever came down. In fact I am patiently waiting to see the day that commodities and prices of food items will go down. First, I always imagine whether traders like it or enjoy. What do they stand to gain? I know that they usually blame it on economic factors but I doubt. And when items go up, every other thing follows, it seems as if they are connected in some way. My own opinion is that there should be a price ceiling to these hikes so that the poor mass can afford it.

[Quidat]

Dont make yourself believe on things which arent really that likely to happen but rather it would be that impossible for it to happen and just like you said that inflation is here for good and we would really be having a future on which goods and commodities value and prices are really going high year by year on which it is something that is really inevitable to happen.Better to make yourself prepared for whatever things that might happen ahead because we would really be expecting a future where prices of goods/commodities/services would really be that expensive.This is why it would really be just right that we should
be finding up ways for us to improve our income so that we would be able to sustain.

Hardly has anything gone up that ever came down. In fact I am patiently waiting to see the day that commodities and prices of food items will go down. First, I always imagine whether traders like it or enjoy. What do they stand to gain? I know that they usually blame it on economic factors but I doubt. And when items go up, every other thing follows, it seems as if they are connected in some way. My own opinion is that there should be a price ceiling to these hikes so that the poor mass can afford it.

They are all connected on which if goods and services do starts on its price to climb up then there's no turning back but of course there are sectors in our government which do really monitors out to those

which are that too overpriced and would be still able to completely have in control on surging numbers.There would be no problem into those traders whether retailers or wholesalers because they would

really be just easily adapting and basing up on the price that they had bought those things.So the consumer are the always one would be suffering and for those poor ones then
they would be struggling more and this is the reality that we do need to face on.So finding another source of income would be the key.

[Davian144]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

Increases in the prices of basic necessities are always triggered by increases in the prices of gas and fuel oil, which are often used by factories and vehicles in general. Because it was this that triggered the first price increase for each product, making it difficult for basic necessities to decrease after increasing.

Although gas and fuel oil can still experience a decrease after an increase. This actually doesn't affect those who are selling the basic needs themselves where those selling don't want to lower the price anymore after raising it because of the increase in the price of fuel.

[blockman]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

I'm one of the hopefuls that those commodities and stuff that have increased from the start of the pandemic up to now will go down. But, with all of those problems that we've faced as it seems that there's no way that it will still go down.
It's a domino effect and they're too easy to go up in price but when we look at that point of going down, we don't see any hope from it. We have to face the reality that everything has gone up for the past 3 years.

[maxreish]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years.

As we all know, almost all are inflating. Thus, many reasons are causing this like supply and demand, geopolitical events, natural disasters, economic conditions,etc.

If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

And if you are asking if it's possible to return its price, the answer is its hard to predict it as these underlying reasons factors may eventually affect its price and also have an impact to its future price trends. One thing, it is important to note that price movements can be influenced by short-term and long-term factors, and that predicting future prices can not be predicted whether it will inflate or will go back to previous price as last year.

[19Nov16]

The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.

[irhact]

I'm one of the hopefuls that those commodities and stuff that have increased from the start of the pandemic up to now will go down. But, with all of those problems that we've faced as it seems that there's no way that it will still go down.

And this is because things won't get any better as the economic say instead things will only keep getting worse. We might even have another pandemic that'll be worse than what covid-19 was or a global recession that'll affect every living thing on earth. Commodity can never return to the price it was in previous years as inflation increasing on a daily. We can only be hopeful but that's not the reality we leave in.

Fuel prices are increasing on a daily and the cost of transportation is getting higher, the local currency are also getting devalue over the dollar and that's increasing the cost of living. The only hope we have is if the country you leave in starts producing majority of the items that they're importing which is very difficult to achieved unless you have a working government that has the interest of the country in mind.

[Sebas.tian]

Based on what many countries are experiencing from their economy today, showed that the price of commodities will remain high in the market because many countries never recover from the effect of the pandemic. I think, the solution to the inflation is for the governments to create a good environment for the crypto users and also give the manufacturers in the land free access to loan in the bank so that things will return back normal to the citizens. If the governments can make all those things available in their countries, I believe deflation will definitely return back to people in the land this year.

[autumnleaf]

Can commodities return to its price last year?

I believe it depends on the particular commodity and market situation of some countries because there are many variables that affect commodity pricing, including supply and demand, economic and agricultural circumstances, and even natural disasters.

[maydna]

When the price of staple products goes up, it will be difficult to go down, there are always moments that trigger an increase in product prices, for example inflation, necessities of life such as electricity, clean water, and so on. This is what we must anticipate from now on, namely by continuing to look for sources of income so that not stress with rising prices of basic necessities.

And once the price of staple products goes up, it will continue to go up because the traders will reason that their production costs are also going up, so they have to increase their prices because if they don't, they will lose. Currently, basic necessities are already high, but people can still afford to buy them, even though they have reduced the quantities. And as long as these basic needs are still on the market, people are still willing to buy them, even if a little. But it will be a different story if the price increases but the basic needs are not on the market.

I remember some time ago, the availability of basic commodities was almost difficult to obtain. I will tell you a little about that situation, yes at that time it was hard to find ingredients that were needed in the kitchen, such as cooking oil. People are willing to queue for hours to get it even at a much higher price than before. But yes, when they need it, whatever the price, they will definitely be willing to buy it. But there's something interesting about situations like this, yes there are always people who are selfish. They hoard the goods so that it becomes more and more difficult to get them, with the aim that they want to get many times the profit from the difficulty of getting them. Here the role of the government is very important in maintaining the availability of materials that become household needs.
This is an example of what you're saying, that people don't care about price when they really need it.

So as long as the basic needs are still available in the market, people will be willing to buy them by queuing for hours even though the price has gone up due to government policies. Public officials should realize this, and maybe they can see the market conditions directly so they can think about the right solution to anticipate price spikes in goods on the market.

Those who hoard these items must receive severe punishment because they have abused the authority granted by the government or purchased only for their own benefit or interests. This requires cooperation from various parties, especially the government, as the policyholder always monitors the prices of basic necessities.

[Dickiy]

Based on what many countries are experiencing from their economy today, showed that the price of commodities will remain high in the market because many countries never recover from the effect of the pandemic. I think, the solution to the inflation is for the governments to create a good environment for the crypto users and also give the manufacturers in the land free access to loan in the bank so that things will return back normal to the citizens. If the governments can make all those things available in their countries, I believe deflation will definitely return back to people in the land this year.

It's not as easy as you describe it, and I don't think the increase in commodity prices has anything to do with providing a good environment for crypto or crypto regulation, and again making it easier for people to borrow at banks will actually increase inflation because the circulation of money in society will be much more so the price will skyrocket. Inflation is caused by a small or scarce supply of goods and demand from the market is very high, which triggers the price of goods to rise. What we need to reduce inflation is to meet the supply of commodities that are needed and that is the government's responsibility.

[Davian144]

I believe it depends on the particular commodity and market situation of some countries because there are many variables that affect commodity pricing, including supply and demand, economic and agricultural circumstances, and even natural disasters.

This is logical, because every country has a different level of supply and demand in all respects, including in terms of the economy and others. Natural disasters are real obstacles that still often occur in some countries that are not developed so that the impact on the economic sector is always there and it cannot be fixed in a very short time because dealing with natural disasters always requires special time in order to revive all sectors. Including the economic sector better.

[virasisog]

I believe it depends on the particular commodity and market situation of some countries because there are many variables that affect commodity pricing, including supply and demand, economic and agricultural circumstances, and even natural disasters.

This is logical, because every country has a different level of supply and demand in all respects, including in terms of the economy and others. Natural disasters are real obstacles that still often occur in some countries that are not developed so that the impact on the economic sector is always there and it cannot be fixed in a very short time because dealing with natural disasters always requires special time in order to revive all sectors. Including the economic sector better.

In our country, the prices of commodities are continuously increasing even without disaster occurrences. Primary goods like onions, eggs, oil, and even vegetables are increasing rapidly in almost every week. Some experts say that the government as well as the suppliers are taking advantage of the inflation crisis in our country. Some suppliers are hiding their products so the demand would increase and they can strike the prices higher. Ordinary people as well as the food industry are suffering from it.

[blockman]

I'm one of the hopefuls that those commodities and stuff that have increased from the start of the pandemic up to now will go down. But, with all of those problems that we've faced as it seems that there's no way that it will still go down.

And this is because things won't get any better as the economic say instead things will only keep getting worse. We might even have another pandemic that'll be worse than what covid-19 was or a global recession that'll affect every living thing on earth. Commodity can never return to the price it was in previous years as inflation increasing on a daily. We can only be hopeful but that's not the reality we leave in.

Fuel prices are increasing on a daily and the cost of transportation is getting higher, the local currency are also getting devalue over the dollar and that's increasing the cost of living. The only hope we have is if the country you leave in starts producing majority of the items that they're importing which is very difficult to achieved unless you have a working government that has the interest of the country in mind.

That's true since we've been now exposed to a pandemic and epidemics. We don't know if there will be one soon but that has to be expected since everything can really happen at this time. When fuel price increases, really everything gets hit roughly, and sad to look at how it affects all of it.
We may not really see the rollback for all of the prices for the commodities that we've used and like they say, this is a big hello to the "new normal".

[Lanatsa]

I'm one of the hopefuls that those commodities and stuff that have increased from the start of the pandemic up to now will go down. But, with all of those problems that we've faced as it seems that there's no way that it will still go down.

And this is because things won't get any better as the economic say instead things will only keep getting worse. We might even have another pandemic that'll be worse than what covid-19 was or a global recession that'll affect every living thing on earth. Commodity can never return to the price it was in previous years as inflation increasing on a daily. We can only be hopeful but that's not the reality we leave in.

Fuel prices are increasing on a daily and the cost of transportation is getting higher, the local currency are also getting devalue over the dollar and that's increasing the cost of living. The only hope we have is if the country you leave in starts producing majority of the items that they're importing which is very difficult to achieved unless you have a working government that has the interest of the country in mind.

That's true since we've been now exposed to a pandemic and epidemics. We don't know if there will be one soon but that has to be expected since everything can really happen at this time. When fuel price increases, really everything gets hit roughly, and sad to look at how it affects all of it.
We may not really see the rollback for all of the prices for the commodities that we've used and like they say, this is a big hello to the "new normal".

Lets make ourselves just do accept on whats the real thing that we are facing now because this is always been the case and there's nothing we can do but to deal up with these mark up prices.There's no way

that it would really be going back into those prices that it was before.We aren't that blind not to make out comparison into those old years when it comes to value of commodities and services which it turns
out to be that a basic thing and this is why instead on making yourself that get stressed for those decreasing price.It would be better if you do find up ways on making more income
or profit so that you would be prepared for whatever things that we might face up ahead.

[Distinctin]

The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.

As inflation stays longer, then expect that prices of commodities too will never return to their low prices but will always increase day after day. It’s better to expect and assume it that way so we will be more motivated to increase our income and develop multi sources of income as much as possible so we will never be completely affected with this inflation that I even think will now stay for good.

[Kelvinid]

The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.

As inflation stays longer, then expect that prices of commodities too will never return to their low prices but will always increase day after day. It’s better to expect and assume it that way so we will be more motivated to increase our income and develop multi sources of income as much as possible so we will never be completely affected with this inflation that I even think will now stay for good.

And ever since, I have had no experience that the price of commodities fell down like before after the inflation. It was very unfortunate but I guess we have to admit that everything we need is also growing as we no longer bring it back to where it started otherwise, businesses will lose.
Yes, it was indeed to get another source of income as this is the only way to survive in this world as this inflation will continue and even get worse in the future.

[Davidvictorson]

With the current inflation rate, and oil prices that has affected everything, we have seen the prices gone up 10x  within months, my input here is that the answer is relative. If you leave in an economy where the system actually works then best believe that the price will come down. However the reverse is the case in other poor economies. Poor economies especially those that are a consumer centric.

[SatoPrincess]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

In my country, once the price of a commodity goes up it rarely ever comes down. It so happens that people easily adapt to the new prices after some time and even when the economy is balanced, the traders do not reduce their prices.

Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

There is a possibility that may happen, help yourself by having multiple streams of income. If your local currency keeps losing value, it will be a good investment to save in usd and if possible find jobs that pays in usd.

[poodle63]

I doubt that commodities always hardly returns to its price last year moreover with the economic crisis, it's always funny how they could easily increase in value and hardly go down in value.
The only thing that could make commodities go down again is when it got intervened, but then again you shouldn't expect too much, always be prepared for the worst that is by keep trying to increase your incomes.

[Qiubell5]

indeed if inflation continues to never go down it is rather scary. but, if the price goes down it could be, but it won't be like it used to be. even if the price goes up, it will definitely go up little by little and not go up big right away. that's my opinion..

[Moeda]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Inflation is one of the causes of poverty, because the price of basic goods increases, while income remains, even decreases.
One of the causes of inflation is the occurrence of war in a region, resulting in a stagnation of trade between countries. All of that happened because of global business competition.
Actually, when it comes to basic needs in a country, it is impossible to increase sharply, because there is domestic production, but unfortunately in a country this is manipulated by oligarchs, even the government itself engages in politics with its citizens.

[Kasabus]

The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.

As inflation stays longer, then expect that prices of commodities too will never return to their low prices but will always increase day after day. It’s better to expect and assume it that way so we will be more motivated to increase our income and develop multi sources of income as much as possible so we will never be completely affected with this inflation that I even think will now stay for good.

Right. The high prices will never return to its original prices anymore as inflation might never be gone anymore. So if we don’t want to be highly affected with this, I guess finding more jobs that will give us a passive income is the right thing to do as relying alone from a single job can never sustain all our basic needs because of the prices increasing gradually.

[blockman]

That's true since we've been now exposed to a pandemic and epidemics. We don't know if there will be one soon but that has to be expected since everything can really happen at this time. When fuel price increases, really everything gets hit roughly, and sad to look at how it affects all of it.
We may not really see the rollback for all of the prices for the commodities that we've used and like they say, this is a big hello to the "new normal".

Lets make ourselves just do accept on whats the real thing that we are facing now because this is always been the case and there's nothing we can do but to deal up with these mark up prices.There's no way

that it would really be going back into those prices that it was before.We aren't that blind not to make out comparison into those old years when it comes to value of commodities and services which it turns
out to be that a basic thing and this is why instead on making yourself that get stressed for those decreasing price.It would be better if you do find up ways on making more income
or profit so that you would be prepared for whatever things that we might face up ahead.

I'm just imagining that things might get back to usual as before but yeah, I'm letting that sink in on my mind that it's no longer the same and a lot of things have totally changed since then these crises have come. But I guess for our leaders, there can be ways to at least slow it down and not give a huge blow for everybody to mitigate the situation but if not, there's nothing we can really much do about it. I agree that finding other ways to make money is the only deal here even of how frugal your living is.

[AmoreJaz]

I doubt that commodities always hardly returns to its price last year moreover with the economic crisis, it's always funny how they could easily increase in value and hardly go down in value.
The only thing that could make commodities go down again is when it got intervened, but then again you shouldn't expect too much, always be prepared for the worst that is by keep trying to increase your incomes.

with how things are panning these days, much better to secure yourself to be self-sufficient. with the rising prices, one person can't beat such scenario. but you can help yourself in your own little ways. if you have small lot of land or even a vacant terrace, start thinking of how to grow some of your veggies. it won't take too much if you think about it. small effort and you won't be worried buying some stables from the market.
what i wanted to convey here is that we should not rely from our government or anyone else to see some changes. we can start on our own self how we can address such dilemma of rising prices.

[serveria.com]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year. 

[shinratensei_]

The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.

I'm sure there's always manipulation behind the scene, the producers seeing their commodities rise in value wouldn't just try to bring the value down by producing more.
some commodities are getting bagged and is systematically being held to keep the value afloat. the thing is no one really sure how commodities value works aside from basic economic principle that is the law of supply and demands, meanwhile there could be many things that affects the value.
mark up and manipulation is rampant, after all, everyone wanna gets their share of money.

[glendall]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

commodity prices will fall if production / operational costs stabilize again . but in reality, if commodity prices have gone up, it will be difficult for them to go back down, even if they can go down just a few percent ,will be given a subsidy from the local government

[autumnleaf]

I believe it depends on the particular commodity and market situation of some countries because there are many variables that affect commodity pricing, including supply and demand, economic and agricultural circumstances, and even natural disasters.

This is logical, because every country has a different level of supply and demand in all respects, including in terms of the economy and others. Natural disasters are real obstacles that still often occur in some countries that are not developed so that the impact on the economic sector is always there and it cannot be fixed in a very short time because dealing with natural disasters always requires special time in order to revive all sectors. Including the economic sector better.

Yes, it does depend on the country. Because there are rich and poor nations, we cannot compare them equally. Rich nations can quickly recover from the effects of natural disasters because they have access to plenty of resources, whereas poor nations will need a lot of tax payers' money, resources, and time to do so.

[Dickiy]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year. 

It is true that commodity or food prices depend on energy prices. If energy prices are high, food will also be expensive because operational and production costs use energy, and energy prices depend on the amount of supply available. As we can see, war also affects the increase in energy which has an impact on the increase in food. Yes, even though it has decreased slightly in some areas, I hope that all regions can feel it and the war between Russia and Ukraine will end soon so that the economic circulation and circulation of other commodities will run well again.

[kotajikikox]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

If you are existing in this world for at least 10-20 years , then you already understand that this is not how the economy move mate, the price increase and with this high? there is no way that it will go back to what is the price like last year though it will drop but there is surely a High from the last.
like Eggs when I as very young , it prices at least half a dollar per dozen but last year? it is pricing more than a dollar for a dozen and now? yeah it is a almost 3 dollars per dozen and indeed that is super high.

[xSkylarx]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year. 

It is true that commodity or food prices depend on energy prices. If energy prices are high, food will also be expensive because operational and production costs use energy, and energy prices depend on the amount of supply available. As we can see, war also affects the increase in energy which has an impact on the increase in food. Yes, even though it has decreased slightly in some areas, I hope that all regions can feel it and the war between Russia and Ukraine will end soon so that the economic circulation and circulation of other commodities will run well again.

It has been almost 12 months since the war started in Ukraine and Russia. And ever since I created this thread, prices are getting higher and higher, even though the price of fuel decreases, but it is still not back to its original price. I can't feel the food and other commodities dropping in price even though the fuel price drops slightly. I am hoping that sooner the war will end and the prices will ease, as I've already seen a lot of families struggling due to the high prices of commodities.

[bangjoe]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I was also worried about this before, that I don't know how I can live in the future with soaring financial costs and I only have a salary like now until later, yes the thought of something like that also briefly grew in my mind before in for several weeks, but in the end I concluded that it is very unlikely that commodity prices will return to last year's prices and for sure I will not be able to stop the increase,
and the decision that I made was to improve my self-ability to prepare for my future and look for an additional job to earn additional salary to be able to survive in the future.

[Aanuoluwatofunmi]

Except on certain conditions whereby the economy is strictly monitored and controlled, the price of goods and all commodities in the market remains inflated and this has been common to always have inflation without the price getting deflated thereafter, this makes the economy to suffer lost and increased cost because prices were being inevitably and unavoided despite the hike, which is one of the means to symbolises inflation and increased standard of living becoming more difficult for the average citizens to cope with.

[TheGreatPython]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

I was also worried about this before, that I don't know how I can live in the future with soaring financial costs and I only have a salary like now until later, yes the thought of something like that also briefly grew in my mind before in for several weeks, but in the end I concluded that it is very unlikely that commodity prices will return to last year's prices and for sure I will not be able to stop the increase,
and the decision that I made was to improve my self-ability to prepare for my future and look for an additional job to earn additional salary to be able to survive in the future.

You shouldn't worry too much about the future because there are still chances that the inflation rates will get lowered and then the price of those said goods will return to normal again or can also decrease. If you think your salary right now is too small then why not add small jobs on the side If you think your body can still handle it.

We can't stop the increase but there are ways to survive it. If there is one thing that you should worry about then that must only be the present time because this is the one that you can control. If you can be able to survive now then you can also survive other tough challenges in life. Just don't give up and also team it up with some prayers.

[Desmong]

The probability of the price of community to return to it original price is slim. We know that we are in the era of inflation and there had been strict suffering form both employee and employers trying to manage resources to make sure that things get balance.
I don't see it anytime soon that the price of good will ever reduce or come to it original price.

[poodle63]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

commodity prices will fall if production / operational costs stabilize again .

that should be the basic rule but in reality, sometimes the commodity producers aren't gonna make just stabilize the price because increase in price will means they are gonna make more money.
sometimes even some producers are intentionally keeping their commodity from going around therefore keeping the price high. there's just many thing that caused the price to be high.
there's the inflation I guess, the price of commodity will just rarely go down.

[Unbunplease]

In my opinion, the indexation of wages or the denomination of the national currency is more likely than the prices of goods will return to their previous level. If the cost of production is constantly growing, then, unfortunately, there are no prerequisites for a significant reduction in prices.

[Lanatsa]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Im not already expecting because its been always year by year where commodities value and prices are soaring up like crazy on which you do end up on telling it to yourself "what the heck?" on the time that you

had bought on which you are aware on whats its price on yesterdays on which you would be saying that prices already that crazy high.Even you are really that having a job that is paying well or having some
side incomes or sources but still you cant really just make yourself that confident on seeing that prices of goods are really that increasing because it shouldnt really be that too fast.
For those average earners then this is where these people been mainly be affected.

[Smartprofit]

In my opinion, the indexation of wages or the denomination of the national currency is more likely than the prices of goods will return to their previous level. If the cost of production is constantly growing, then, unfortunately, there are no prerequisites for a significant reduction in prices.

In my opinion, the likelihood that prices for goods, works and services will fall and return to their previous level is negligible. 

This is because there is still a lot of fiat money in the global economy.  The modern financial system is based on rising inflation and obtaining loans (credits).  Without a constant rise in prices for products, enterprises will not be able to repay their loans and borrowings. 

The situation is similar with individuals.  They very often take consumer and mortgage loans.  Therefore, they are also interested in wage growth.  Wages are an integral part of the cost of production. 

Therefore, goods, works and services are constantly becoming more expensive.

[Inwestour]

I think the new normal can only be felt in the sense that the quarantine is no more and social distancing may have been reduced but restrictions of covid-19 are still there. You don't travel freely and the numbers of passengers are reduced to take care of contact and this is the beginning of the increase in prices.
To me the rollbacks are just not seen because the inflation is higher now in the last two years of covid-19 compared to the last 10 years back. The price of goods have increased like double of what it was.

A return to the previous prices is impossible, inflation does not allow this to happen. We can only see how the prices are going down, which were very strongly raised on speculative goods, on goods that were very popular during the pandemic.

And if we take goods in general, then prices are only rising and there is no prerequisite for the price to decrease, moreover, I am sure that prices will continue to rise in the future. Even despite the fact that we are shown a slowdown in inflation, this does not affect prices.

Perhaps this positive trend with a decrease in the rate of inflation can only slow down the rate of inflation, but it is not capable of reducing the price of anything.

[RockBell]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year. 

Speaking of energy affecting the price of commodities, you are correct that fuel is particularly important for moving groceries and other goods. However, even though the war is not currently affecting Nigeria, the price of fuel has significantly increased, which has had an impact on the price of everything in the nation. What is surprising is that once the price of commodities increases, it never decreases in my own region.

[Marcellin9]

Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year. 

Speaking of energy affecting the price of commodities, you are correct that fuel is particularly important for moving groceries and other goods. However, even though the war is not currently affecting Nigeria, the price of fuel has significantly increased, which has had an impact on the price of everything in the nation. What is surprising is that once the price of commodities increases, it never decreases in my own region.

Well, you are not alone. The same thing happens here in my country. The fuel price has been skyrocketing and there is no sign of stop. The price of commodities continues to increase as well. I am not sure if this is caused or mainly caused by the Russian-Ukrainian war but chances of living with the increasing inflation are pretty high. I wish we could see all commodity prices drop.

[Joshapat]

The usual thing at the beginning of the year is that commodity prices and necessities of life will go up, this makes us always have to look for additional income because of this increase, the impossible thing to happen is when commodity prices go up it will be difficult to go down, unless the government carries out market operations for example increasing stock so that it can automatically reduce the price.

[sunsilk]

Well, you are not alone. The same thing happens here in my country. The fuel price has been skyrocketing and there is no sign of stop. The price of commodities continues to increase as well. I am not sure if this is caused or mainly caused by the Russian-Ukrainian war but chances of living with the increasing inflation are pretty high. I wish we could see all commodity prices drop.

Most likely, the increase of fuel prices are due to the conflict between Russia and Ukraine. It's a domino that everything becomes affected and we can't do that much about it.

If we're mostly using a car that's needed fuel to run its engine then avoid those unnecessary trips that we're considering to make. And always plan our trips so that we can prepare for refueling and expenses.

I have no hopes anymore if the price will get back.