1 kg of beef in Germany an incredible 55 € (PHOTO)

GARDENING GROWTH price: 1 kg of beef in Germany an incredible 55 € (PHOTO)

Waves of rising prices due to the current situation and inflation have not bypassed almost any country. Food, energy, services are growing in price…

Food and Agriculture Organization of the United Nations (FAO) she warned that the growth of food prices in the world in March reached unprecedented levels due to the war in Ukraine, which “caused a shock” in the market of cereals and vegetable oils.

Late last year, the FAO announced that world food prices had risen by more than 30 percent in the past year and reached their highest level in a decade.

Rising food prices have not bypassed almost any country

Serbia is not exempt from that either, where some types of meat have already risen in price by 30 and more percent, and new price increases are also announced before Easter.

The prices of basic foodstuffs, flour, oil, sugar, pork leg and long-lasting milk were frozen on November 15 last year, and at the beginning of February the Decree was extended for another three months until the beginning of May.

The Decree by which the state limits the highest retail prices of petroleum products has been extended until the end of April. Clearly, this cannot go on indefinitely.

As for European countries, perhaps the greatest consequences are felt in Germany, where the prices of meat, milk and dairy products have risen by up to 30 percent this week.

And that is not the only thing that is getting more expensive, and the poorer layers of the population are under attack, he reports Deutsche says.

German media report that there is no sunflower oil in some stores because the Germans are panicking to buy some products because stocks are declining, and raw materials are also lacking.

Also these days, it has been announced that some caterers are removing french fries from the menu due to lack of oil and high prices.

What has become more expensive?

Hundreds of products have become more expensive in the markets, and many say that they used to buy everything they needed without looking at the price, and now they have to consider everything because it feels very good in the wallet.

People with very low incomes will now have to be even more careful about what they put in the basket.

A new inflationary blow is being announced in Germany, but also in Austria.

One of the largest retail chains in Germany expects food purchase prices to rise by 20 to 50 percent in the next few weeks.

“We are working against that, but we cannot rule out another wave of price increases,” the president of the Austrian Traders’ Association, Rainer Will, told the local media.

Also, the prices of goods transportation have doubled. There is a jump in energy prices, crude oil and transport.

How does rising food prices feel in Germany?

And what life in Germany looks like with all the increases and salaries at the same level for two or three years, due to the current situation, is explained by a family from Serbia who moved to that country a few years ago.

For BIZLife, they say that the growth of food prices is noticeable and that the prices of groceries in stores do not match too much from Serbia, but that the costs of utilities caused the most worries and shock.

On a monthly basis, the purchase of common groceries costs 100 euros more than before.

For example, half a kilo of minced meat in Germany now costs around 6 euros, 100 grams of beef leg between an incredible five and six euros (in October, for example, it cost four euros), which means that you have to pay around 55 euros per kilogram, while is a kilo of pork about twenty euros.

Fortunately, chicken is a bit cheaper, so you should set aside four to seven euros per kilogram.

However, the prices of electricity and gas jumped the most, so now they pay a total of 340 euros in bills, while they used to pay around 170 euros.

The calculation is clear – the price increase is double.

A liter of fuel in Germany is 2.07 euros. It used to be necessary to set aside 50 euros for a full tank, and now that item is more expensive by about 30 euros, which is significantly more, according to family members from Serbia who now live in the German city of Braunschweig.

City transport has become more expensive than two days ago, and instead of 2.7 euros for a ticket, you need to pay three euros.

Other common items have become more expensive, such as car wash at the service station, but still less than other necessities.

Farmers are also suffering

The prices of fertilizers for agriculture have jumped up to four times more than a year ago, and it is expected that the harvest will be worse, which could lead to shortages and raise additional prices.

The price of diesel has doubled, so as tractors and machines consume a lot of energy prices, they are unpredictable and one wrong decision can lead farmers to ruin.

They say that even when they have cash, they cannot buy basic products, and all those who did not have enough supplies now have problems.

There are many factors for this development of the German economy, by the way, and with the outbreak of the war in Ukraine, the situation only got worse.

Disadvantages are also supported by the information that the local authorities recently informed the public about a possible emergency situation in gas supply, stating that the goal of the “early warning” measure is to prepare everyone for the risk of interrupting or stopping gas supplies from Russia.

Germany is extremely dependent on imports from Russia. It’s not just about gas. Global supply chains have been cracking for some time, and now there could be new price hikes for all kinds of goods.

Why has there been such a rise in food prices?

Source: BIZLife / Jelena Andrić, DW

Photo: BIZLife, PIxabay

Source: BIZlife by bizlife.rs.

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