Can commodities return to its price last year?

[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.

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[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.