As a result of the war in Ukraine and the Western sanctions against Russia, energy and commodity prices are rising. Goods for daily use are becoming more expensive, and oil prices are rising rapidly, as are inflation forecasts. Companies in the chemical and logistics sectors, for example, which are directly affected by the price increases for gas, oil and other raw materials, are adjusting their business models. Labour costs are falling with unexpectedly higher inflation rates and constant nominal wages. This has a temporary stabilising effect. Also, more people are employed in the defence industry, in energy conservation and alternative energies. However, aggregate demand for goods may decline as people begin to prioritise which goods they need and which they can do without if prices continue to rise.