Foodflation

^[1] Foodflation (also known as Food price bubble) is the continuous rise in food prices which is higher than the general inflation level.^[2] According to Reuters, food prices have gone up by 11.7% in the first 11 months of 2010, whereas the general price level (inflation) has risen only by 1.9%.^[3]

References

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[1] ttp://www.tutebox.com/business/economics/what-is-foodflation/

[2] ttps://www.reuters.com/article/2011/01/06/us-food-idUSTRE7051JZ20110106?pageNumber=1

[3] Poverty

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Foodflation

See also

References

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