ghemminger
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http://www.msnbc.msn.com/id/23781864/
[h1]Is your grocery bill going up? You're not alone[/h1]
[h2]From rice in Peru to miso in Japan, food prices are rising all over the world[/h2]
Pakistani women struggle as they try to order food outside of a subsidized food store on the outskirts of Rawalpindi, Pakistan. Basic food and fuel prices have soared in Pakistan over the last months, causing many to depend on government subsidies to simply get by.
View related photos
Emilio Morenatti / AP file
updated 1:43 p.m. PT, Mon., March. 24, 2008
MEXICO CITY - If you’re seeing your grocery bill go up, you’re not alone.
From subsistence farmers eating rice in Ecuador to gourmets feasting on escargot in France, consumers worldwide face rising food prices in what analysts call a perfect storm of conditions. Freak weather is a factor. But so are dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demand in China and India.
The world’s poorest nations still harbor the greatest hunger risk. Clashes over bread in Egypt killed at least two people last week, and similar food riots broke out in Burkina Faso and Cameroon this month.
[h1]Is your grocery bill going up? You're not alone[/h1]
[h2]From rice in Peru to miso in Japan, food prices are rising all over the world[/h2]
Pakistani women struggle as they try to order food outside of a subsidized food store on the outskirts of Rawalpindi, Pakistan. Basic food and fuel prices have soared in Pakistan over the last months, causing many to depend on government subsidies to simply get by. View related photosEmilio Morenatti / AP file
MEXICO CITY - If you’re seeing your grocery bill go up, you’re not alone.
From subsistence farmers eating rice in Ecuador to gourmets feasting on escargot in France, consumers worldwide face rising food prices in what analysts call a perfect storm of conditions. Freak weather is a factor. But so are dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demand in China and India.
The world’s poorest nations still harbor the greatest hunger risk. Clashes over bread in Egypt killed at least two people last week, and similar food riots broke out in Burkina Faso and Cameroon this month.
