High derivatives prices are not expected to immediately impact the prices of everyday goods, according to Bojan Ivanc, chief economist of the Chamber of Commerce. He estimates this effect will not be immediate, but it doesn’t signify a lack of influence. “It will not be as dramatic as some might anticipate,” Ivanc notes.
“Particularly in processed food, these price shifts often experience longer delays due to established agreements between producers and traders.”
Marica Lah, the first lady of the traders’ chamber, elaborates on the situation. She explains that traders have not yet encountered heightened demands for increased delivery prices stemming from the ongoing energy crisis. “However, we are currently addressing price increases driven by the rise in the minimum wage and the winter allowance,” Lah clarifies.
Despite oil prices reaching record levels on global stock exchanges due to the conflict in Ukraine, this surge is not yet reflected in current prices.
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