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
Global food and agriculture »Global food and agriculture
Food prices »Food prices
Food price volatility »Food price volatility
Consequences of increased volatility »Consequences of increased volatility
Acute impact on consumers in low income countires »Acute impact on consumers in low income countires
Consumers in low-income countries spend 40%+ of income on food
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