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Greek "Daily" reported on March 9, Greek retailers and suppliers believe that in the context of the Ukraine crisis, a new round of increases in the prices of basic commodities such as food is inevitable .
Before the conflict broke out between Russia and Ukraine, Greek-related practitioners had announced that a new round of price increases would reach 8%-20%, which would not only affect low-income groups, but also the middle class .
Retailers are also concerned that price volatility will eventually lead to significantly less demand .
Commodities affected at this stage are mainly flour, cereals, soybeans, vegetable oils, etc.
, but as energy prices rise and transportation costs increase, prices of all types of commodities are expected to rise .
Experts believe that it is difficult for wheat prices to reverse the upward trend this year, and this trend will even continue into the next year .
Before the conflict broke out between Russia and Ukraine, Greek-related practitioners had announced that a new round of price increases would reach 8%-20%, which would not only affect low-income groups, but also the middle class .
Retailers are also concerned that price volatility will eventually lead to significantly less demand .
Commodities affected at this stage are mainly flour, cereals, soybeans, vegetable oils, etc.
, but as energy prices rise and transportation costs increase, prices of all types of commodities are expected to rise .
Experts believe that it is difficult for wheat prices to reverse the upward trend this year, and this trend will even continue into the next year .