Oil is dropping, but not even prices, professor of economics shows why it's happening.

But this has not happened to food products whose price had increased proportionally to oil by the beginning of last year.

For economics professor Wykan Bajra, the reason for the lack of prices of other products is that one part of the industry has oil as raw materials and the rest of the electricity.

“Nafta is sold on the stock market and its price is determined on financial markets. It is the major dynamic of capital and goods movement. It's not that they directly affect the prices of basic products”, Bajra is expressed on the Portofole show.

There's a price drop in cereal products, but not milk products. There's movement but it's not enough. It is not only oil that has affected price hikes, but there are other factors like war in Ukraine. We've got oil prices, but there's an increase in energy prices. If the industry is dependent on energy, it follows that rhythm”.

According to Bayright, the other reason that prices for products cannot fall even with those of oil is that firms have created stocks.

“Until emptying the stores or lowering the stock that has been created at the high cost, even prices cannot be linked to reducing the oil price. Can't go linear”. /Klankosova/