Is the road to recession paved with $7 lettuce?
7am
00:00
The Inflation We're Witnessing to Day
Australia exported around 263 million dollars and 216 tons worth of australian fresh vegetables to over 50 global markets last year. But because a lot of these crops were wiped out by the floods, farmers have less stuff to export. So what locally grown fruit and vegedid make it to ourselves has had to increase their prices in order to make up for low yields from climate change. These factors combined, are causing significant volatility in the price of food. The inflation we're see now is the result of long term action.
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