German supermarket chains, including Aldi and Lidl, have announced that they will significantly increase the prices of some goods, such as cooking oils and other groceries, due to the ongoing conflict in Ukraine.
German supermarket chains have announced that they will increase the prices of some goods due to the ongoing Russian invasion of Ukraine, as the renewed conflict has had a significant impact on global commodity prices.
Some prices will rise as much as 30 percent and in some cases as much as 50 percent this week, and newspaper Berlin newspaper Items reported to be affected include: “Cooking oil, butter and margarine…also chocolate, chips, canned goods, sausage, spreads and cheese.”
“Due to the situation on the world markets, we will experience unprecedented jumps in sales prices,” said Florian Scholbeck, Managing Director of Communications at Aldi Nord, adding: “There will be no empty shelves.”
“It so happens that the food security of many countries depends on our supply,” said Dmitry Medvedev, a senior Russian security official and former Russian president. “It turns out that our food is our silent weapon. Quiet but menacing.” https://t.co/9oziUaME7P
— Breitbart London (@BreitbartLondon) April 3, 2022
Erik Döbele, national purchasing manager at Aldi Süd, meanwhile, explained that Aldi was not planning on rationing goods or limiting the number of items people could buy, but Lidl explained that own-brand products such as cooking oil and preserves would have limits per customer, as demand for the items remains high.
The spokesman for the Federal Association of German Food Retailers, Christian Böttcher, recently called on German consumers to limit their purchases to the bare essentials in order to show solidarity with others so that the shelves don’t run out.
Many have asked about the economic impact of the Russian invasion of Ukraine, particularly its impact on the agricultural industry, as both Russia and Ukraine are major exporters of food and goods needed to manufacture fertilizers.
Swedish farmers could be forced to cut their harvests in half due to shortages of manure and fertilizers from Russia and Ukraine, and are also said to be grappling with rising energy costs such as diesel fuel.
Former Russian President Dmitry Medvedev, who now serves as a security official, warned that Russia may also restrict food exports to countries deemed “unfriendly,” saying countries may have to partially pay for goods in Russian rubles as well as their local currency .
— Breitbart News (@BreitbartNews) April 2, 2022