Agflation

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Agflation, a term coined in the late first decade of the 21st century, describes generalized inflation led by rises in agricultural commodity prices. In the United States, agricultural prices are not generally factored into core inflation figures. The term describes a situation in which "external" (i.e. agricultural) price rises drive up core inflation rates.

It has been claimed that the term was invented by analysts at Merrill Lynch in early 2007.[1]

See also

References

  1. Cramer Talks Agflation, 24/7 Wall Street, May 08, 2007

External links

ru:Мировой продовольственный кризис#Агфляция