Tuesday, November 8, 2011

High food inflation due to change in food habits?

High food inflation, which has reached 12 percent, continues to baffle economists and policymakers alike. But is it really due to a change in the food habits of people -- a demand for more vegetables, eggs and milk, as both the prime minister and finance minister have said -- or lower supply of consumables? The government is still groping for an answer to give to the people.
http://ummid.com/news/2011/November/08.11.2011/food_habits_and_inflation.htm