Agflation

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Agflation, a term coined in the late 2000s, describes generalised 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" (ie 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]

[edit] See also

[edit] References

The agonies of agflation,Aug 25th 2007, From Economist.com.
Agflation: Investopedia.
'Agflation', The News (Pakistan), Roofi Jamil, Wednesday, April 09, 2008.
Global Agflation, Energy Security and Bio-fuels, Otaviano Canuto, Latin America EconoMonitor. 23 February 2008.