With revolutions budding in the Middle East and North Africa, many are reporting that food prices are helping fuel the revolution. But are food prices the real cause? In Egpyt, the percentage of total household consumption expenditures going to food is 38%. In Tunisia it is 36%. But to what extent has food inflation played a role? Was inflation the tipping point?
"In the US, the poor spend 16% of their income on groceries vs. the rich, who spend 11%."
Food Fights. Rising Global Grocery Bills Are Hitting The Poor and Causing Political Unrest
by Rana Foroohar
http://www.time.com/time/magazine (pay to read; has a nice global map of % of total household consumption expenditures going to food)
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