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This question is fundamentally flawed. What do you mean by high food prices? High relative to income? Other goods? I'll rephrase the question for you and try to answer it.
Q: Why are food prices increasing even when some measure of inflation are low?
A: Measures of inflation attempt to quantify the growth of overall prices someone (a general consumer, specific industry business, there are different inflation indices for all) may face in their day to day consumption.
If you are thinking about consumer price indices, one answer to your question is that some simply do not track food prices. Food and energy prices are often volatile so for some uses it is better to exclude these goods.
Another reason is that in many rich countries the share of income devoted to food is small. For example, in the United States, consumer spending on food has fallen from 23% of income in 1929 to just under 10% in 2008. Roughly speaking, measures of consumer inflation are averages of price changes of different types of goods, weighted by their share of consumers' incomes. Thus, if food only accounts for 10% of spending, but it is the only type of good increasing in price, broad measures of inflation will be small compared to a food specific index.
What else can I help you with?
How long will it take for prices to double if there is a three percent rate of inflation?
Prices will double in approximately 24 years with a three percent rate of inflation.
What are the three biggest reasons for saving?
self discipline, securtity, remain as debt free as possible
What is the inflation rate in Uganda?
Uganda bureau data show, and in July, the inflation rate was 3.2%, the lowest point in the last three years. The inflation down is mainly due to the food supply, food prices 2.2% year-on-year drop. But not including food, fuel, water and electricity core inflation rate is still 4.6%.
What are three reasons why mccain make a good president?
* He would cut our taxes * Help the middle class * Lower gas prices
When was These Three Remain created?
These Three Remain was created in 2005.
How many pages does These Three Remain have?
These Three Remain has 280 pages.
What were three economic reasons the Roman Empire collapsed?
From http://ancienthistory.about.com/cs/romefallarticles/a/fallofrome.htmEconomic Reasons for Rome's Fall: 1. Inflation 2. Taxation 3. Hoarding 4. Poor management You can get so much more information from the site I provided.
What were four issues facing the United states after the revolutionary war?
I have know clue. What kind of questions are these. I mean really.
Why is inflation so bad?
One problem with inflation is redistribution. Inflation makes some people better off while it makes others worse off. The three things that cause redistribution are price effects, wealth effects, and income effects.
What are three theories of the causes of inflation?
answer the question people god
What are the three classic motivations for timberland investment?
The three classic motivations for timberland investment are diversification, inflation hedge, and sustainable income generation. Timberland provides a unique asset class that can enhance portfolio diversification due to its low correlation with traditional investments like stocks and bonds. Additionally, timberland often serves as a hedge against inflation, as timber prices tend to rise with inflation. Lastly, it offers sustainable income through periodic timber harvests and potential price appreciation over time.
List three problems faced by weimar republic?
three problems faced by the weimar republic was the treaty of Versailles, inflation and defeat.
