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A comment on UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years. Parent comment

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by nradov on Friday March 24, 2023 @05:31PM (#35295871)
It's pretty simple. Subtract the value of food imports from the value of food exports. If the value is positive then the country is a net exporter, and if it's negative then they're a net importer. Every major country imports some foodstuffs and exports others, but countries with a trade surplus are generally better positioned to handle food price inflation.

https://www.nibio.no/en/news/ten-facts-about-the-norwegian-f...

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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by Tryk on Saturday March 25, 2023 @03:26AM (#35300330)
How would you explain the food inflation of Switzerland, a net food importer, that stands at 6.5% over the same 12 month period? [0]

[0]: https://tradingeconomics.com/switzerland/food-inflation

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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by peyton on Saturday March 25, 2023 @03:36AM (#35300377)
Food’s already super expensive there. A lot of stuff is required to be made locally. Tariffs on food imports are super high, like 100% IIRC. A burrito was $45 last time I was there. Big outlier country in general.
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