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There are trouble brewing in EU over energy and food prices, but at the same time there are mitigating factors. The cut that middle men get for food has risen s
by belorn 5y ago
There are trouble brewing in EU over energy and food prices, but at the same time there are mitigating factors. The cut that middle men get for food has risen sharply the last few decades, especially for the kind of food that risen most in price. The more the customer pays in stores, the more incentive there is from the producers to cut the middle men. As an example, around 1/3 of the price for raw beef goes to the producer where I live, which is a result of low competition among the middle men, strict regulation, and a lack of innovation in the direct-to-customer space.
Energy prices was at a historical low just last year. This year the price has doubled compared to last year, but compared to 10 years ago its the same. People need to have a plan B, through hopefully it will involve investments to use modern standards and energy efficient heating.