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Germans warned of further price increases


Supermarket in Berlin. File photoMOSCOW, April 16The cost of electricity and food in Germany continues to rise, while the prices set by manufacturers have increased significantly, which, with some delay, will also be felt by consumers, according to the Frankfurter Allgemeine Zeitung newspaper. The publication's quarterly price report shows that the cost of living is becoming more expensive not only for electricity prices. On average, food prices increased by 6.2%: bread went up by 7.1%, vegetable oil became a shortage in some stores, and the price increase for it was about 30%.The Germans were furious about the advice to save energy «to spite Russia» At the same time, according to the consumer price index, in March, the overall inflation rate was 7.3%. As the publication notes, even more worrying is the rise in prices in the stages preceding trading, so one should be wary that at least some of these processes will affect consumer prices with some delay in time. Thus, the prices set by agricultural producers, according to Compared to February last year, cereals increased by 33%, potatoes — 88%, rapeseed — 52%, and milk — 30%. Wholesale prices also increased, emphasizes FAZ. Within 12 months, the wholesale cost of petroleum products increased by 70%, prices for solid fuels increased significantly (62%), ores and metals rose in price by 55.8%, and grain, raw tobacco, seeds and animal feed increased in value by 43% , the publication warns. After the start of the Russian military special operation to demilitarize and denazify Ukraine, the West increased sanctions pressure on Moscow. Restrictive measures are directed primarily against the banking sector and the supply of high-tech products. Calls to reduce dependence on Russian energy resources have become louder in Europe. All this has already turned into economic problems for Western countries, causing an increase in fuel and food prices.

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