Food prices threaten Christmas

August 29, 2007 · Filed Under Consumer Spending · Comment 

It’s common to complain about the necessity of buying food and groceries, but according to reports, things are going to get tougher.
Food prices have already been rising through the year, not least due to increased demand from China and India.
However, severe weather conditions over the summer have badly affected food harvests across the world. Drought [...]