India CPI is 6.1% on higher food CPI (+7.9%) so its real yield is pretty negative.
But did you know that China food CPI is even higher at +11.1%YoY & that& #39;s on the downward trend.
These 2 economies have half of the world population & seems like not enough food supply.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇮🇳" title="Flagge von Indien" aria-label="Emoji: Flagge von Indien">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇳" title="Flagge von China" aria-label="Emoji: Flagge von China">
But did you know that China food CPI is even higher at +11.1%YoY & that& #39;s on the downward trend.
These 2 economies have half of the world population & seems like not enough food supply.
India headline CPI of 6.1% & 5-yr yield of 5%. So if you compare India & Indonesia, the real yield for Indonesia is much better.
If u are a food exporter (USA, Australia etc), I imagine u would eye these markets w/ massive salivation. I mean, they got a lot of people & frankly not enough food otherwise why is food CPI so high in the middle of a RECESSION?
Demand > Supply. Will the flood affect China CPI?
Demand > Supply. Will the flood affect China CPI?
Higher food CPI = good for rural sectors vs urban (producers vs consumers) for both Chinese & India farmers. For India, monsoon is lacklustre in July & hope is for August to be better.
In China, Covid + flooding make people hedge by importing more. https://www.scmp.com/economy/china-economy/article/3095484/chinas-agricultural-imports-surge-june-worsening-us-ties">https://www.scmp.com/economy/c...
In China, Covid + flooding make people hedge by importing more. https://www.scmp.com/economy/china-economy/article/3095484/chinas-agricultural-imports-surge-june-worsening-us-ties">https://www.scmp.com/economy/c...