According to the information coming from the world market, prices are dropping daily and weekly. Thus, it can be seen that the prices of, among other things, sunflower oil by about 4 and a half percent, as well as milk, butter, and sugar, are falling.
These days, the prices in Banja Luka markets are a bit lower, at least when it comes to oil, so on average it fell below 6 BAM, now it is around 5.50 BAM, while the price of sugar has risen, and the price of flour has stagnated. Citizens have noticed a slight decrease, but they say it is insufficient.
Economists believe that everything that happens on the world market is transferred here, and since we do not have enough of our own production, we do not even have the possibility to have lower prices. However, forecasts that there will be a further drop in prices are not positive.
”This can only be a temporary situation, I think that the real situation will be seen in the fall. This debt must be paid in the long term because everything comes due. All these deficits and debts that are piling up in our country must end up in one huge inflation,” economist Aleksa Milojevic believes.
Economists estimate that it is difficult to even imagine how much inflation will be, it is even believed that it will exceed the level of inflation that occurred in 1933, which is cited as an example of the highest inflation in economics textbooks. Our economists also believe that our inflation will be even more severe than that in the West because it will also increase the repayment of the huge debt we have.