date:Aug 07, 2012
xt 12 to 24 months.
Added to this, annual food price inflation is running at 3% and has been above total inflation since November 2011. Meat price inflation has led the charge, averaging 4.5% year-on-year, with eastern European countries experiencing increases as high as 10% in 2011,she said, predicting slow recovery through to the end of 2013.
Consumers in these markets will have to contend with protracted low real wage growth, which will limit sheep meat demand growth and the potential for e