Rising bread

05/03/2008 12:00 AM 0 komente

FacebookLinkedinTwitteremailPrint By Christopher Watts There’s no question that food prices are on the march in Albania. Inflation in food products was 3.0% in 2007; and by January this year, the figure was 5.0%, pushed up by bread and cereal inflation of over 25% (see chart). But Albania is not alone. Last year, food prices worldwide were up 4.7% (the fastest rate of global growth for 14 years) driven by record-breaking wheat prices, and other rising cereal costs. Two factors lie […]

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