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Acute impact on consumers in low income countires

Food price uncertainty particularly affects consumers in low-income countries, who spend at least 40 per cent of their income on food, compared to those in richer ones who spend around 10 per cent.

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Agriculture, food and land use
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Food price volatility
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Consequences of increased volatility
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Acute impact on consumers in low income countires
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Consumers in low-income countries spend 40%+ of income on food
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Different levels of risk
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Food price volatility threatens food security
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Higher prices may encourage farmers to increase investment
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Risk pushed down the supply chain by powerful retailers
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