While Omicron variant was reaching almost 90 countries last month, some European countries reimposed restrictions and lockdown measures. Despite the virus is still spreading across the world, stocks and commodities have increased their value. I don't know whether to be scared or oddly comforted by that.
I hope gas and oil's prices will not boost in 2022, as it may be dangerous in terms of employment and inflaction rate.
In Poland, gas prices have already increased dramatically, unfortunately.
ReplyDeleteActually, that's a big problem in the whole EU!
DeleteSpero che gas e petrolio non aumentino ancora!
ReplyDeletePurtroppo, se i prezzi di queste materie prime aumentassero ulteriormente, avremo seri problemi nei prossimi mesi, perché di conseguenza si ridurrebbero i consumi di altri beni con evidenti ripercussioni sull'occupazione.
DeleteEvery state in my country has a huge uprise in omicron cases. Most of them are the unvaccinated but vaccinated people are getting it too. Our gas prices are pretty high right now. Here where I live $3.80 a gallon. In California over $5.00 a gallon in some places. What is your gas?
ReplyDeleteIn Italy gas price is $ 5.96 a gallon. In the Netherlands it is more expensive: $ 6.48 a gallon 🤨🤨🤨 ... unfortunately, the more oil and gas' prices rise, the more inflaction rate increases in the EU. Sharply!
DeleteYes things will look better after the Omicron thing is over (I think it should be over by end April) Or maybe it is wishful thinking.
ReplyDeleteWe all need a positive point of view like yours, Haddock :-) Thanks for sharing your point of view!
DeleteThe prices have been raising for quite some time. I wonder when and if they will stop. The rising of gas prices is worrying because it influences absolutely everything. The merchandiser is very dependent on road traffic to get from point A to B. What worries me especially is the rise of food prices. This might mean even more people will go hungry.
ReplyDeletePrice levels for food, clothing, footwear, etc. are rising levels highs in the EU, due to soaring energy costs and production cuts. Consequently, the rate of inflaction have increased since prices began to grow last year. Unfortunately, as you mentioned, the standard of living is going to decrease in the EU. Not to mention of public debt, which have been rising since the epidemic began in early 2020.
Delete... Thanks for sharing your interesting point of view, Ivana :-)
DeleteHave a nice week ahead of you!
Have a nice weekend! Buon weekend:)
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