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The US House of Representatives passed a bill to reduce food and fuel prices


A man at a gas station in Miami, USA. File photoWASHINGTON, Jun 16 The US House of Representatives passed a bill aimed at lowering prices for agricultural products and fuel markets, according to the materials of the lower house of the US Congress. The bill includes seven different measures, including reducing the production costs to farmers in the field, increased competition in the meat processing industry, and the promotion of cheaper and more affordable US biofuels. As part of one of the measures, it is planned to create a special body to conduct investigations in the meat industry. U.S. and EU Inflation Rises The bill is amended to reduce reliance on imported fertilizers and establish regional supply chain resource centers to support the agricultural industry through coordination and grants. vs. The cost of gasoline in the United States is breaking records: since Biden took office, a gallon (3.785 liters) of fuel has more than doubled in price, reaching an average price of $ 5. As a result of May, consumer prices in the US rose in annual terms to a maximum since December 1981 — up to 8.6% from 8.3% in April. The main US stock indices closed lower on Monday than they were on the day of Biden's inauguration — in January 2021. leaders

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