2024 Author: Jasmine Walkman | [email protected]. Last modified: 2023-12-16 08:29
The tendency of food prices to remain high remains. There are no signs of a reduction in prices. This is the opinion of the Sofia Commodity Exchange. From there, they predict that a possible decline in the monetary value of basic food can be expected only in the summer months of this year.
Experts explain that natural disasters in Japan, as well as political unrest in North Africa, inevitably affect the prices of basic products.
The analyzes of the Sofia Commodity Exchange confirmed the forecasts of the Minister of Finance Simeon Djankov, who last week categorically stated that there will be an increase in food prices in our country in the long run. This is required not only by production prices, but also by demand, said Finance Minister Djankov.
What the state is trying to do is to enable consumers to monitor price changes in the producer-processor-trader chain. In this way, everyone will have a real idea of what the actual price of the products is.
This will allow anyone interested to understand that the normal price per kilogram of yellow cheese, for example, is BGN 10-12, and not BGN 16, which is the value per kilogram of dairy product in the local groceries.
The practice is based on EU countries, most of which have stable mechanisms for monitoring food prices.
The good intentions are for these techniques to be successfully integrated on home soil, where it often happens that a certain product is declared at the border for pennies per kilogram, and subsequently sold in the markets hundreds of times above the declared value.
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