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Analysis: Food price spikes see inflation rear its head in emerging markets


6 Min Read
LONDON (Reuters) - For Cleanne Brito Machado, like millions of people in developing countries around the world, shopping for staple foods such as rice, beans, oil or potatoes now means making hard choices.
FILE PHOTO: Seref Geyik, a 53-year old seller, waits for customers at his stall at a local market in Fatih district in Istanbul, Turkey January 13, 2021. REUTERS/Murad Sezer/File Photo
“The shopping cart is getting much smaller and we’re paying much more,” said the 41-year old, who works as a maid in Brazil’s capital Brasilia. “We’ve had to give up on little trips, visiting family at the weekend, and we haven’t been able to save any money for emergencies or to have in the bank.” ....

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