The PEO in a statement on World Consumer Day (15 March) expresses particular concern as the huge wave of increases in fuel, electricity, cereals and basic necessities is expected to continue and to swell after the war in Ukraine and reiterates its proposals and demands to tackle price rises.
In particular, it says that high grain and energy prices are already causing chain increases and price spikes in basic consumer goods and causing serious inflationary trends, adding that at the same time there is a risk of grain shortages and rising feed and flour prices with a chain effect on industries and sectors related to livestock and dairy farming.
CNA
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