The Changing Drivers of Food Inflation – Macroeconomics, Inflation, and War

Algieri, Bernardina; Kornher, Lukas; von Braun, Joachim

doi:10.2139/ssrn.4748639

SSRN Journal

2024

DOI: 10.2139/ssrn.4748639

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The Changing Drivers of Food Inflation – Macroeconomics, Inflation, and War

Bernardina Algieri,

Lukas Kornher,

Joachim von Braun

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2024

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Cited by 2 publications

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EU food price inflation amid global market turbulences during the COVID‐19 pandemic and the Russia–Ukraine War

Kornher,

Balezentis,

Santeramo

2024

Applied Eco Perspectives Pol

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Since the COVID‐19 pandemic and the Russia–Ukraine War, global food markets have been in turmoil. Agricultural input and energy prices doubled between 2020 and 2022, with immediate consequences on food accessibility. We examine the drivers of the EU food inflation patterns, and how trade integration shapes these dynamics. We find that food price inflation has been mainly driven by surges in agricultural production costs and, to a lesser extent, by global food price increases. Trade openness has not exacerbated the inflating dynamics during this period. We conclude with reflections on inflationary, production, and trade policies.

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EU food price inflation amid global market turbulences during the COVID‐19 pandemic and the Russia–Ukraine War

Kornher,

Balezentis,

Santeramo

2024

Applied Eco Perspectives Pol

View full text Add to dashboard Cite

show abstract

Consumption expenditures on food, non-food products and services in Romania

Tudorel,

Régis,

Andreea

2024

Prague Economic Papers

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The Changing Drivers of Food Inflation – Macroeconomics, Inflation, and War

Cited by 2 publications

References 37 publications

EU food price inflation amid global market turbulences during the COVID‐19 pandemic and the Russia–Ukraine War

EU food price inflation amid global market turbulences during the COVID‐19 pandemic and the Russia–Ukraine War

Consumption expenditures on food, non-food products and services in Romania

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