Food Inflation Acoming
- Henry
- Jul 22, 2022
- 1 min read
As is familiar to everyone, prices continue increase across the board for everything from staples to downstream products.
Unfortunately, we haven't seen the impact of the Ukraine war yet, nor the droughts that are hitting across multiple major growing regions currently.
Tweets like this are going to become more and more common....
Given wage increases are only half the inflation rate (projected average wage increase of 3.4% in 2022 vs inflation of 9.1%, consumers are already running into a wall.
Things are only going to get worse unfortunately
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