Maybe that index will be a litter higher than 25% in Finland.
Now the price of yogurt is 3e/1.5l which is about 2e in the beginning of this year, even though food tax has been decreased from 22% to 13% since the fall of 2009
Even after the adjustment in food tax, the price of common food increases rather than decreases, and less fresh fruit in supply.
What price sugar, which goes beyond strictly breakfast and gets equally widely involved? Prices have hit successive highs since the start of summer, and supply has in some cases been diverted to ethanol
Fires? Wet weather? Why not a warming climate? I am surprised the climate change correlation is missing this time. Or is it that the lessons learnt from the failure of Copenhagen Climate talks are injecting some objectivity into the breakfast index?
@Kioi
Poor man's staple food? Corn is in pretty much everything now. Can't remember the exact figure but corn products are in something like 70% of all items stocked in a typical supermarket.
Kioi is correct, the reason it is so much produce is that is it so damned cheap, or at leat the corn syrup which is produces, cheap foods are bulked with corn, corn starch and syrup and are eaten much more by lower social classes.
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Wheat prices still correlated with the Solarmax cycle?
Maybe that index will be a litter higher than 25% in Finland.
Now the price of yogurt is 3e/1.5l which is about 2e in the beginning of this year, even though food tax has been decreased from 22% to 13% since the fall of 2009
Even after the adjustment in food tax, the price of common food increases rather than decreases, and less fresh fruit in supply.
What price sugar, which goes beyond strictly breakfast and gets equally widely involved? Prices have hit successive highs since the start of summer, and supply has in some cases been diverted to ethanol
What an innovative way to inform people about soft commodity price moves!
I think 5 Year Calls on the Breakfast Index will pay off extraordinarily well.
Aly-Khan Satchu
www.rich.co.ke
There is a 100% correlation between the higher the Trading price distortion index, the higher would be the Misery breakfast table index.
Fires? Wet weather? Why not a warming climate? I am surprised the climate change correlation is missing this time. Or is it that the lessons learnt from the failure of Copenhagen Climate talks are injecting some objectivity into the breakfast index?
@Kioi
Poor man's staple food? Corn is in pretty much everything now. Can't remember the exact figure but corn products are in something like 70% of all items stocked in a typical supermarket.
What about corn?
Its the poor man's staple food.
Are we deflating or inflating?
@nshomer
Kioi is correct, the reason it is so much produce is that is it so damned cheap, or at leat the corn syrup which is produces, cheap foods are bulked with corn, corn starch and syrup and are eaten much more by lower social classes.
we are very lucky to have only one breakfast every day.
or we have to quit breakfast.
Ok. But what % our income is food. 10%? Even if it doubles we can still be ok.
Grow your own food.