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#foodprices

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"Assuming temperature increases projected through 2035, which are probably understated, food inflation will increase by 0.92 to 3.23% per year, while headline inflation will rise between 0.32 and 1.18% per year. US wildfires and Europe’s recent and persistent droughts and crop failures are really just the thin end of this inflationary wedge."

theguardian.com/commentisfree/

The Guardian · Tariffs will raise prices. But the climate crisis is the real inflation riskBy Mark Blyth

“Before taking office, Mr. Trump told top aides to think of each presidential day as an episode in a television show in which he vanquishes rivals.”

Time to crack a few eggs, and get this omelet cooking, imho. He wants a show? Give the counter programming!

I am getting really tired of hearing that #FoodPrices are increasing because of #inflation caused by worker pay rises or climate change or conflict and supply chain difficulties. 5 minutes of online searching (and albeit no hard fact checking yet) led to this table of Tesco’s C-Suite compensation comparison over the last 5 years. Take a look and tell me if you still think it’s inflation causing this…or is it #greed (again). Don’t fall for it.

cbc.ca/news/business/food-pric “An annual report on #FoodPrices in Canada is predicting more pressure on grocery costs in the coming year — but it also notes that some prices in 2024 were lower than predicted.

Food prices overall are estimated to increase by three to five per cent compared to 2024 — higher than the Bank of Canada's inflation target of between one and three per cent.

The report also points to "#extremeweatherresilience " and #ClimateChange posing difficulties for food producers,”

CBCClimate change and weak Canadian dollar expected to push up your grocery bill next year | CBC NewsAn annual report on food prices in Canada is predicting more pressure on grocery costs in the coming year — but also noted that some increases in 2024 weren't as bad as previously predicted.