Consumers in low-income countries spend 40%+ of income on food
Food price uncertainty hits consumers in low-income countries signficantly harder than consumers in richer countries.
Immediately related elementsHow this works
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Agriculture, food and land use »Agriculture, food and land use
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Global food and agriculture »Global food and agriculture
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Food prices »Food prices
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Food price volatility »Food price volatility
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Consequences of increased volatility »Consequences of increased volatility
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Acute impact on consumers in low income countires »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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