Latin America and the Caribbean: Dealing with Another Food Price Shock

2017-04-15T14:01:00-04:00October 25, 2012|

World food prices are on the rise again owing mainly to global weather-related shocks. This has led to concern that the rise could result in higher inflation and hurt the most vulnerable. The impact on domestic inflation in Latin America and the Caribbean of the latest food price shock is beginning to be felt, although the pass-through to core (or underlying) inflation has been relatively limited thus far.