Agflation
From Wikipedia, the free encyclopedia
Agflation, a term coined in the late first decade of the 21st century, describes generalised inflation led by rises in Agricultural commodity prices. In the United States, agricultural prices are not generally factored into core inflation figures. The term describes a situation in which "external" (i.e. Agricultural) price rises drive up core inflation rates.
It has been claimed that the term was invented by analysts at Merrill Lynch in early 2007.[1]
[edit] See also
- 2007-2008 world food price rises
- Biflation
- De-growth
- Inflation
- Hyperinflation
- Deflation
- Biofuels
- Stagflation
[edit] References
- The agonies of agflation, Aug 25th 2007, From Economist.com.
- Agflation: Investopedia.
- 'Agflation', The News (Pakistan), Roofi Jamil, Wednesday, April 9, 2008.
- Global Agflation, Energy Security and Bio-fuels, Otaviano Canuto, Latin America EconoMonitor. 23 February 2008.
- ^ Cramer Talks Agflation, 24/7 Wall Street, May 08, 2007
[edit] External links
- Reuters wire stories: Global Coverage Agflation.
- IPS Inter Press Service article: What Is Really Causing Agflation?
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