Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

EU Sees No ‘Real Impact’ of Food Prices on Households for Now

Surging food prices haven’t had a “real impact” on European Union household budgets for now, and any impact would be delayed.

“As far as households are concerned at this stage there should not be any real impact,” Patrizio Fiorilli, a spokesman for the European Commission, said at a briefing in Brussels today. “If there is any impact it should be delayed.”

The United Nations’ Food & Agriculture Organization index of 55 food items jumped 6.2 percent in July, the most since 2009, as drought reduced grain production in the U.S. and Russia, the FAO reported Aug. 9.

The increase in prices has mainly affected corn and soybeans, according to Fiorilli.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.