Friday, July 19, 2024

Consumers still struggling with food inflation, Rabobank notes

By Elizabeth Bobenhausen Poultry Times staff ebobenhausen@poultrytimes.com

Must read

GAINESVILLE, Ga. — Rabobank reports some new statistics regarding how consumers are still grappling with the repercussions of high inflation on food purchases. There is a debate among economists on how inflation is shifting. Some economists claim that inflation is coming down and easing up. While others claim inflation is continuing to rise, it is just moving at a slower pace.

Rabobank says that there are several micro factors that have contributed to inflation during the last five years. These factors include, “geopolitical crisis, severe drought, higher restaurant overhead and wages, rising interest rates and higher inflation throughout the supply chain. . .

Register or Login to keep reading

Thank you for your interest in accessing the complete content. To continue reading, please register for free. By registering, you'll gain full access to our valuable resources, updates, and insights.

If you already have an account please Log In.

More articles

Latest article