Economics Uncovered

Economics Uncovered

Is food price relief on the way?

Steven Anastasiou's avatar
Steven Anastasiou
Nov 18, 2022
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The increasing cost of food is being acutely felt across the globe, with many people struggling to make ends meet. It’s also a key driver behind a higher consumer price index (CPI), which is leading central banks like the Fed to aggressively raise interest rates.

While the US CPI is recording that food prices are up 10.9% over the past year, there are so…

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