Food Prices Going Up!! Shocker: CPI In Total Conflict With Other Government Food Price Data

Source: https://www.investmentwatchblog.com/food-prices-going-up-shocker-cpi-in-total-conflict-with-other-government-food-price-data/
Published: Feb 26, 2021
Author: Mike Rivero
Post Date: 2021-02-26 08:24:09 by Horse
Views: 115

The food price index run by the UN Food and Agriculture Organization (FAO) has jumped to 113.3 points – just short of the 117.5 hit in 2008, but still some way below 2011’s peak (Arab Spring) of 131.9.

This food price data is in direct conflict with the Consumer Price Index (CPI).

Post Comment   Private Reply

#1: DWornock    To: Horse (#0)

Food prices are not near high enough. They need to double for people to get upset enough to do something.

DWornock posted on 2021-02-26 15:21:58   Reply   Private Reply