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Food prices in the world dropped by 10% within a year, why are they rising in Israel? - Walla! Of money

2024-02-04T06:40:16.132Z

Highlights: Food prices in the world dropped by 10% within a year, why are they rising in Israel? - Walla! Of money. The global food price index fell by 10.4% in 2023, when the prices of meat and chicken fell for the seventh month in a row, and the grains, wheat and corn were also discounted. "They are ripping our pockets" - Alex Tanzer, a social activist and chairman of the headquarters for the contractor's workers. "This is a horrendous distortion on the back of the Israeli citizen in any period, whether in peace and certainly in war"


The global food price index fell by 10.4% in 2023, when the prices of meat and chicken fell for the seventh month in a row, and the grains, wheat and corn were also discounted: "They are ripping our pockets"


The control of food prices/spokesperson of the State Comptroller

Food prices in the world have been on a downward trend for about a year, but in Israel, where a significant portion of the food products sold and consumed are generally imported, the trend of increasing their prices continues.



The importers' announcement of an imminent increase in their price is especially outrageous in light of the difficulty that all Israeli consumers are feeling and will continue to feel in the current year of war, and in light of its lack of correspondence with the data of the World Food Price Index, which shows a decrease of about 1% in their price last January compared to the previous December, and of about 10.4% compared to January 2023.



The Food and Agriculture Organization of the United Nations (Agriculture Organization of the United Nations) reported at the beginning of the month that the main decrease was expressed in the prices of grains and meat, due to the peak in grain output that increased in 2023 by approximately 1.2% compared to 2022 and stood at approximately 2.836 billion tons Alongside them

,



the prices of meat and chicken fell for the seventh month in a row, and by 1.4% since last December, due to increased exports from leading agricultural countries in the field. Only mutton increased due to the war in Ukraine which damaged the supply of sheep for slaughter in the face of high demand.

Smotrich and Barkat.

"Allowing the importers and the retailers to tear the pockets of the citizens. And to think that the citizens also pay their inflated salary"/Photo adaptation, Nega Salma/L.A.M.

Global wheat export prices also fell last January by about 2.2% as a result of what the organization calls "strong competition", and corn prices also fell with them as a result of improved crop conditions and the start of harvesting in Argentina and the USA.



The dairy product price index remained almost unchanged and also stands at About 17.8% below where it stood in January 2022, and this despite excess demand for butter and milk powder from Asia, which was offset by a drop in low-fat milk and cheese prices. The



prices of rice and vegetable oils did increase by about 1.2% and about 0.1%, respectively, last January, but still were lower than in January 2022. An example of this is the prices of vegetable oil (in which the prices of palm and sunflower oils rose, which were offset by a decrease in the prices of soybean oils) which were lower by about 12.8% compared to January 2023



. The weaker sectors of the economy, including the contractor's workers.

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Alex Tanzer.

"A despicable distortion on the back of the Israeli citizen"/courtesy of the photographers

Alex Tanzer, a social activist and chairman of the headquarters for the contractor's workers, told Walla! Money: "How is it possible that food prices are falling all over the world and only in Israel are they rising?

This is a horrendous distortion on the back of the Israeli citizen in any period, whether in peace and certainly in war.



"While all the workers in the economy suffer wage cuts and war taxes, which will reduce their ability to spend, the finance and economy ministers allow the importers and retailers to tear the pockets of the citizens. And to think that the citizens are also paying their inflated wages.



"Hundreds of thousands of contractor workers are paid minimum wage and continue to fight for their entitlement to minimal conditions , while Finance Minister Bezalel Smotrich distributes coalition funds, and Economy Minister Nir Barkat does not even manage to take control of the authorities subordinate to him.

The results speak for themselves - resign!".

  • More on the same topic:

  • Cost of living

  • food

  • food prices

  • Bezalel Smotrich

  • Nir Barkat

Source: walla

All business articles on 2024-02-04

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