If fuel has become cheaper, why hasn’t food?

15.09.2024. / 15:05

SARAJEVO – Fuel has become cheaper, if only by a few pfennigs, and whether the price of food, as well as other products and services will decrease because of this, is news that the citizens of Bosnia and Herzegovina will probably not hear.

PHOTO: Pixabay

On average, by 10 to 20 pfennigs, depending on the pump, fuel became cheaper. Some citizens hope that this will leave a few more marks in their wallets. For others, however, a few pfennigs of lower prices remained imperceptible. No matter how big they are, for a full tank, they say, hardly anyone has one.

Citizens wish that prices will be further reduced. The oilmen, on the other hand, do not inspire hope.

“At this moment, it is difficult to predict and forecast in which direction it will go, but what is certain is that the distributors at the gas stations will follow the movements on the world stock market”, pointed out Đorđe Savić from the Oil and Oil Derivatives Trade Group PKRS.

However, even if fuel prices are further lower, the only benefits will be felt by car drivers. Those who use the bus as a means of transportation do not pay cheaper tickets, nor do they pay for taxi services.

The increase in fuel prices was usually an excuse for raising the prices of bread in bakeries to construction materials, and even the prices of individual services. The question arises, will the cheapening of fuel accompany the prices of foodstuffs?

As in previous cases, no one reached for that move. The goods are not even cheaper by a pfenning. When the prices of petroleum products fall, traders are wise to remain silent. N1

Source: www.capital.ba