There is new growing phenomena in many countries those latest months...
The infernal rise of prices doesn't touch one region (even US is not exception I suppose), but it occurs in oil-producer countries: ME like KSA or UAE have seen their essentials good's prices in hell rate (Rice, meat, vegetables...)
In Europe, UK has registered more than 3% inflation last 2 months; last week a French magazine has issued a catalog of more than 60 goods which would know a new high prices: milk, Yaourt, cheese, some meats, cereals products would make a rise between 40% and 60% !!!
Oil price is of course one of the elements which has promoted this general grow, however it can't be limited on this cause.
- China (and also India) has been shown a real rise on demand concerning essentials cereals, there is a growing portion of riches among Chinese society; and the rest of people is more and more diverting consumer.
- The offer is suffering, it was said that it can't supply that growing demand: climate disorders are in top of those causes- Australia which is a main producers of cereals and other essentials food has known big dryness last year.
-other causes like speculation and trust between main producers shouldn't be exluded!
What main consumer (US, China, India) and main producers 5ME, Europe..) have to do in order to limit this phnomena?
