IN­FLA­TION RIS­ING

Finweek English Edition - - ECONOMIC TRENDS -

Stan­lib first flagged the rise in global food prices in Au­gust 2010. At that point the in­crease could be at­trib­uted to spe­cific events, such as ex­ten­sive fires in Rus­sia, lead­ing to higher wheat prices. How­ever, more re­cently the in­crease has been more broad-based – in­clud­ing sugar and meat – which has started to re­flect in var­i­ous coun­tries’ con­sumer in­fla­tion data, in­clud­ing China, In­dia, the United States and the Eu­ro­zone.

World Food Price In­dex (monthly data)

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