Webdeveloper from Germany, nerd, gamer, atheist, interested in nerd-culture, biology of everything creepy, evolution, history, physics, politics and space.

Progressive. Ally. SocDem. Euro-Federalist.

Political Compass: -7.0, -6.62

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Joined 7 months ago
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Cake day: June 24th, 2024

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  • Reads differently

    Looking ahead, most of the respondents expect current risks to persist, in particular the frequency of extreme weather events, and the unpredictability of how the Russian invasion of Ukraine will evolve. Concerning the latter, risks are not only linked to the availability of imports, but also to ongoing price volatility both for inputs and commodities and to potential logistical restrictions in place. Several respondents anticipate no decline in food inflation in the coming months, as input and production costs are expected to stay up, thus keeping consumer prices high due to delayed price transmission between different stages of the food chain

    So there are concerns about the invasion and it’s driving food inflation.