El Salvador is the country with the lowest year-on-year food inflation compared to a sample of countries in different stages of development and regions
Source: OECD, Expansion/Macro data, Central Banks and Statistical Institutes.
*Countries with information as of September 2024
** Countries with information as of August 2024
The reason El Salvador's inflation was low is BTC as money! THEY are trying to kill everybody else, that THEY can with starvation and injections!
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In Brazil, the price of food is a disaster. The devaluation of the currency is having a major impact on production costs. Even here, being one of the largest food producers in the world, many of the inputs used are priced in dollars, such as fertilizers and pesticides.
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In Brazil it must be crazy, it is already an expensive country, I don't want to imagine what it is like now with its leftist policies.
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It got a lot worse!!!! Now to fix it only in 2026
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I'm in Portugal and I've been tracking my expenses for years, October was the month I spent the most in food...Food inflation is real!
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Absolutely, and you're supposed to be in a country with a "stable" currency. I'm in Peru, which is supposed to be one of the most stable economies in South America, and inflation is getting stronger every month. It's stressful.
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