Economics
Costlier Food Hits Latin America’s Poor and Adds to Unrest Risk
- Food costs outpacing inflation in Brazil, Mexico and Chile
- Rising costs come despite economic recession brought by virus
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A jump in food prices across Latin America is bringing added misery to the poorest families hit by the coronavirus pandemic and increasing the chance of social unrest.
Food and beverage costs outpaced headline inflation in Brazil, Mexico, Chile and Colombia last month, even as other products and services saw slower price increases or even became cheaper.