“European Christmas mood in the basement,” German “Handelsblatt” reported that market research firm GfK, based in Nuremberg, Germany released the latest data show that, despite usher in the Christmas sales season, but the German consumer sentiment has significant cooling. In many countries the world within the scope of the “basket” also hit the most expensive in 10 years.
“Global Times” reporter recently visited the REWE, one of Germany’s largest food supermarket chain. A door, head to the supermarket floated a thick Christmas atmosphere. Stocked with a variety of fruits and vegetables, meat, fish, dairy products, eggs and so on shelves. But look at the price, significantly much higher than in previous years, almost all foods in prices. Reporters observed the supermarket consumers are significantly less than in previous years, we are no longer pushing a shopping cart, but carrying a shopping bag or basket supermarkets, in order to control the number of shopping.
Shopping is the citizens of Berlin Beart “Global Times” reporter said the family only buy the family Christmas to New Year’s Day to eat the food, nor do the parties this year, do not invite friends to dinner, try to save some. She said she and her husband because of the epidemic income has decreased, but prices are so high, it is necessary to control the total amount of shopping.
German Federal Bureau of Statistics data show that both the number of eggs or a salad or cooking oil, as of December, they have reached double-digit price rises. This is actually a worldwide problem. FAO recently released data show that in November the international food price index rose for four consecutive months, the highest since June 2011 record.
“The new crown pandemic is a key reason.” Market research firm GfK said it disrupted the global supply chain and production. Global demand has rebounded, but still difficult to transport. Many local truck drivers and the lack of harvest workers. Bad weather also greatly affect food prices. For example, cold winter in North Africa so many vegetables become more expensive European imports such as chilli from about 2.50 euros per kilogram rose to nearly 9 euros. Food prices are market prices. Speculators choose a higher price in the market, further pushing up prices.
“2022 basket price is expected to continue.” Hamburg Consumer economists Feixieweile “Global Times” reporter said that as the Austrian McCormick Rong variant strains spread rapidly begin the new year, the economic outlook is not promising. If the global fight against the epidemic can quickly succeed, countries can be greater extent relax the restrictions, then the consumer will be quickly restored. But this possibility after a few months to see the outcome.
Deutsche Bank recently released a forecast report showed German inflation rate in 2022 will reach 3.6%. Accordingly, the inflation trend will continue for some time. Bloomberg said the latest data showed the US November CPI rose 6.8%, the highest level since 1982. Multiple agencies predicted that in the first quarter of next year, the US CPI rose more than 7%.
The report predicts Dalhousie University and the University of Guelph in Canada, he said co-authored, in 2022 food prices will be greater. Data show that this year a family of four Canadian average spending on food is 13801 Canadian dollars (about 68,686 yuan). 2022 food prices rose an average of 5% to 7%, which means a family of four to spend 966 Canadian dollars on food.
Feixieweile said, “basket” of the most serious problems of the region or Europe, the United States and other industrialized areas, as well as strong spending power of China and other emerging countries. In contrast, the agricultural situation in the country is much better, have more food export earnings.
Original title: “” basket “prices will continue to rise? “