aA
The prices of some food products have gone up in recent days after Lithuania was placed under quarantine and people started panic-buying and stockpiling.
Higher demand pushing food prices up
© DELFI skaitytojai

The association of pig producers says higher demand is pushing prices up.

Algis Baravykas, the head of the association, says not only the prices of pork but those of other products are also rising, adding that "the consumer cannot be the winner everywhere".

"We see that prices are rising, and here they are taking advantage of the situation. But the consumer needs to understand that they cannot be the absolute winner in all situations. (…) Naturally, the prices of some products have gone down and others have gone up," he said.

The flows of shoppers have also contributed to the increase in prices, Baravykas said. "It’s just basic market economy, and this is how it works," he said.

Arunas Vizicksas, the fonder of the price monitoring website pricer.lt, says not the price of pork but those of other products are also rising.

"Since February 26 until now, the price of rice has gone up by 11 percent, and that of buckwheat has jumped 35 percent. I cannot say specifically as yet but the prices of meat, pork are growing as well," Vizinskas told BNS.

Earlier in the day, Prime Minister Saulius Skvernelis said suppliers should not take advantage of the situation and should not increase food prices. Moreover, the government and the Seimas have the possibility to cap the prices of key products.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Interior minister sees no need for tighter controls on returnees

Interior Minister Rita Tamasuniene currently sees no need for tightening controls on people returning...

Only 1 new coronavirus case

On Monday, only 1 new COVID-19 case has been confirmed in Lithuania. In total, Lithuania has already...

Rzeczpospolita editor: Polish president sees Nauseda as his personal ally

Polish President Andrzej Duda regards Lithuania as a strategic partner and considers President...

Minister: facemasks to become mandatory again if coronavirus cases spike

The Lithuanian government would consider making facemasks mandatory in public again if coronavirus...

Lithuania sends medical supply to US for combating COVID-19 pandemic

On 15 July, Lithuania will send essential medical supplies for combating the coronavirus disease...

Top news

Rzeczpospolita editor: Polish president sees Nauseda as his personal ally

Polish President Andrzej Duda regards Lithuania as a strategic partner and considers President...

Interior minister sees no need for tighter controls on returnees

Interior Minister Rita Tamasuniene currently sees no need for tightening controls on people returning...

Zalgiris Kaunas names Austria's Schiller as head coach

Zalgiris Kaunas has named Martin Schiller , a 38-year-old Austrian specialist, as its head coach,...

Minister: facemasks to become mandatory again if coronavirus cases spike

The Lithuanian government would consider making facemasks mandatory in public again if coronavirus...

Only 1 new coronavirus case

On Monday, only 1 new COVID-19 case has been confirmed in Lithuania. In total, Lithuania has already...

|Maža didelių žinių kaina