August 27, 2007
A combination of falling supply and rising demand for basic food produce is set to bring serious inflationary pressures to central banks later this year. According to Brian Turner, executive editor of UK personal financial news site, Finance Markets (http://www.financemarkets.co.uk), the result is going to be a dangerous increase in inflation this Autumn, and threatens consumer spending for the Christmas season. Extreme weather around the world has already cut harvest predictions among ...
Inflation set to surge on food prices
by Brian TurnerA combination of falling supply and rising demand for basic food produce is set to bring serious inflationary pressures to central banks later this year. According to Brian Turner, executive editor of UK personal financial news site, Finance Markets (http://www.financemarkets.co.uk), the result is going to be a dangerous increase in inflation this Autumn, and threatens consumer spending for the Christmas season. Extreme weather around the world has already cut harvest predictions among ...
