Why has food increased in price so much?

BizLife 21.02.2022  |  Tanjug,Politika
Why has food increased in price so much?

This was stated by Deputy Managing Director of the Sector for Economic Research and Statistics of the National Bank of Serbia, Milan Trajkovic.

At the February presentation of the inflation report, at the request of a reporter to clarify the rise in food prices and inflation in previous months, he said that the December year-on-year inflation was 7.9 percent, while the rise in food prices was part of that inflation. He pointed out that the main factor in the increase in food prices was the growth in global prices, and that since the beginning of the pandemic, the price of grains increased by 45%. “These

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