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Soaring Prices Are Changing the Way People Eat

Cooking oil, chicken and other kitchen staples are increasingly out of reach as fears of ‘demand destruction’ begin to materialize.

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Not All Inflation Is Bad

In India, roadside restaurateurs are halving their palm oil use and moving into steamed snacks. Bakers in Ivory Coast want to cut the size of their standard baguette. Sandwiches from U.S. fast-food stalls are headed for fewer slices of bacon, pizzas for a more parsimonious sprinkle of pepperoni. 

With the world economy already shackled by Covid-related shortages and now reeling from Russia’s invasion of Ukraine, prices of such basics as bread, meat and cooking oils have jumped across the world, sending shock waves through the commodity markets and damaging the global food system.