Thursday, March 27, 2008

Inflation: Why agricultural prices hit the developing world hardest

When is food not food?

Nice picture of how much processed food we eat compared to the developing world.

Posted by happyrenterz @ 01:27 PM (768 views)
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3 thoughts on “Inflation: Why agricultural prices hit the developing world hardest

  • happyrenterz says:

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  • when it is sold by tescos… it is mainly salt and chemicals…

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  • I think this article is a load of rubbish. Food might only make up 1% of the cost of processed food, but if it goes up to 2%, everyone in the chain will want to preserve their margins.

    I once knew a bloke who purchased clothes from Asian sweatshops for a big chain store. I couldn’t understand why they were interested in shaving off a couple of pence from the price of a shirt that retails for say £25. Same principle applies – it’s all about the margins in a long supply chain.

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