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High Food Prices - An Expert Explains The Reasons!

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High prices food in Norway is a fact. Unfortunately, we have no influence on them. There are many reasons for the problem of high prices. Greater emphasis on border trade, weakening krone. Ivar Gaasland, associate professor at the University of Business (BI), says it bluntly. In his opinion, the source of high prices in Norwegian grocery stores are customs barriers that protect Norwegian farmers. Prohibitive tariffs on foreign agricultural products mean that there is practically no real competition for Norwegian products in stores. Bah! It doesn't even exist. According to the government, there is nothing that can be done about this issue. Are you sure? Opinions are divided here.

High food prices - necessary state support ...

Ivar Gaasland, associate professor at the Bergen University of Economics (BI), said that increased state aid was an excellent alternative to prohibitive import prices.

“When import protection is an issue, I fear that government action will only make the current situation worse. The government plans to introduce solutions to support competition at the store level. And the problem lies at the supplier level. Measures such as top-down regulation of supplier prices can only exacerbate the problems. If the chain knows that others will receive the same price from the supplier, its negotiating position will significantly weaken. Farmers receive annual support of approximately CZK 26 billion, half of which comes from the state budget and the other half comes from funds from prohibitive duties imposed on imported goods. These funds could be distributed in such a way as to remove tariff barriers.” – said Ivar Gaasland in an interview with Nattevisen.

How to buy without going bankrupt?

High food prices. How can we shop without affecting our household budget?

  • only buy what you really need,
  • make shopping lists,
  • buy online - it is often cheaper there,
  • make purchases from local suppliers - this way you support local business in your place of residence or in the vicinity.

And what are your ways to save money? We have already written about this in the text: Food prices in Norway higher than inflation

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