Lee Li : TW ?? ←F1(Profits) ↓↓ ← F2(Consumers Buying)↓↓ ← F3(Price)↑↑ ← F4(BRICs)↑↑
What can you do ??? As long as US's been giving something up to pay for food !!!
美國消費者支持約站美國整體經濟活動的2/3，當生活必需品價格一直高漲時，市場必發生供需排擠效應。在美國市場銷售的外商荷商Royal Philips Electronics就是這樣效應下受衝擊的標準案例，其第一季在北美的營利業績已大幅走低!!!
The slumping U.S. economy is hurting companies overseas:
Royal Philips Electronics reported a sharp drop in first-quarter profits as a decrease in television sales in North America offset growth in its health care and lighting businesses.(AP)
↑Fi i=1,2,3
The U.S. is wrestling with the worst food inflation in 17 years: Analysts expect new data due on Wednesday to show it's getting worse. That's putting the squeeze on poor families and forcing bakeries, bagel shops and delis to explain price increases to their customers.
U.S. food prices rose 4 percent in 2007, compared with an average 2.5 percent annual rise for the last 15 years, according to the U.S. Department of Agriculture. And the agency says 2008 could be worse, with a rise of as much as 4.5 percent.
Higher prices for food and energy are again expected to play a leading role in pushing the government's consumer price index higher for March.
Analysts are forecasting that Wednesday's Department of Labor report will show the Consumer Price Index rose at a 4 percent annual rate in the first three months of the year, up from last year's overall rise of 2.8 percent.
For the U.S. poor, any increase in food costs sets up an either-or equation: Give something up to pay for food.(AP)
↑F4
The reasons of food costs rising:Rapid economic growth in China and India has increased demand for meat there, and exports of U.S. products, such as corn, have set records as the weak dollar has made them cheaper. That's lowered the supply of corn available for sale in the U.S., raising prices here.(AP)
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