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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (22363)9/13/2007 5:18:48 AM
From: Snowshoe  Read Replies (3) | Respond to of 217749
 
>>food as a proportion of income is at an all-time low<<

Food got increasingly cheaper in the decades after WWII, but the trend is changing. Right now people are complaining about rising food prices, not high food prices. They could get a lot higher.



To: Maurice Winn who wrote (22363)9/13/2007 5:59:25 AM
From: elmatador  Respond to of 217749
 
In NZ "consumer price inflation is still expected to rise due to the effects of a lower exchange rate and higher food prices, particularly dairy products.

Further food price rises are expected next year