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Will food prices start to fall?
17th May 2008
Hugh Pym reports on a decline in the index of global food prices which hints that the recent upwards spiral in the cost of foodstuffs might be coming to an end. Have the underlying supply and demand factors changed? Will food producers around the world respond to the sharp rise in price to give us a supply response large enough to lower the risks of further social and economic upheaval?
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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