We are being lured The market take advantage of the war
From a Swedish article
Quote:
Study:
High food prices unmotivated the price increases on food are greater than what is actually motivated by the war in Ukraine, according to a new study from Sweden's Agricultural University.
The study has investigated how the loss of production affected food prices globally. For example, the price of wheat rose by 30 percent in Sweden when the war broke out, despite the fact that Ukraine only accounts for a few percent of world production.
- You should have expected a price increase of maybe ten percent, not more, says Torbjörn Jansson, docent in national economics and one of the researchers behind the study.
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Markus