A confluence of factors is stoking fears that shortage of rice supplies could mark a return to a broad increase in the prices of other food commodities in Asia.
  • Jeredin@lemm.eeEnglish
    161·
    10 months ago

    What’s that got to do with the price of rice in China? … Wait

  • Napain@lemmy.mlEnglish
    323·
    10 months ago

    it’s not inflation if it just gets more expensive. A rice inflation would mean there is too much and the price would drop but it’s the oposite, it’s a shortage. Arguably it’s a food deflation. And it’s due to extreme weather due to climate change. Silly Headline Writer (i didn’t click on the article if anyone is wondering)

    • Tocano@lemmy.mlEnglish
      81·
      10 months ago

      it’s not inflation if it just gets more expensive. A rice inflation would mean the grains become bigger and the price would drop, but it’s the oposite. Arguably, it’s a food deflation. And it’s due to the excess of water. Silly Comment Writer (i did click on the article, but did not read it, if anyone is wondering) /s

      • Napain@lemmy.mlEnglish
        22·
        10 months ago

        that’s like saying a inflation of the dollar is when the dollar bills get bigger