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    Home > Food News > Food Articles > Costa Rican Chamber of Commerce: Food prices will not "suddenly" rise early next year

    Costa Rican Chamber of Commerce: Food prices will not "suddenly" rise early next year

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    The Costa Rican Food Industry Federation (Cacia) recently predicted that although the global container crisis has caused the cost of food production in Costa Rica to rise sharply, the food supply in early 2022 will remain stable.
    Although prices may rise, this rise will not be "sudden"
    .
     
    San Jose "Costa Rica Today" reported on December 22 that Cacia Chairman Mario Montero (Mario Montero) recently stated that although the global container crisis will cause food prices to rise, this rise will not be "sudden".
    Market competition It is the ultimate factor that regulates the price of food purchased by consumers
    .

     
    Although the Food Industry Federation has good expectations for the development of food production in early 2022, they also believe that rising food prices may hinder Costa Rica's economic recovery in the coming year
    .
     
    Montero said that Costa Rica is facing a severe socio-economic situation due to multiple factors such as the new crown epidemic, with an unemployment rate of over 17% and a decline in residents’ income
    .
    Considering the important status of food as a basic consumer product, food companies have to bear the pressure of rising costs on their own to avoid passing the pressure on to consumers
    .

     
    Montero also pointed out that there are approximately 22,000 informally employed workers in the Costa Rican food industry.
    With the outbreak of the epidemic, the informally employed population will further expand
    .
    Therefore, he called on the new president to reduce the proportion of informal employment in the economy after he takes office next year
    .

    Food industry food production food prices
     
    San Jose "Costa Rica Today" reported on December 22 that Cacia Chairman Mario Montero (Mario Montero) recently stated that although the global container crisis will cause food prices to rise, this rise will not be "sudden".
    Market competition It is the ultimate factor that regulates the price of food purchased by consumers
    .
    Food prices
     
      Although the Food Industry Federation has good expectations for the development of food production in early 2022, they also believe that rising food prices may hinder Costa Rica's economic recovery in the coming year
    .
     
      Montero said that Costa Rica is facing a severe socio-economic situation due to multiple factors such as the new crown epidemic, with an unemployment rate of over 17% and a decline in residents’ income
    .
    Considering the important status of food as a basic consumer product, food companies have to bear the pressure of rising costs on their own to avoid passing the pressure on to consumers
    .

     
      Montero also pointed out that there are approximately 22,000 informally employed workers in the Costa Rican food industry.
    With the outbreak of the epidemic, the informally employed population will further expand
    .
    Therefore, he called on the new president to reduce the proportion of informal employment in the economy after he takes office next year
    .

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