Inflation rates may be slowing broadly across Europe, but you wouldn’t know it after a trip to the grocery store or dining out. And there’s only so much governments can do to help their people cope.
In this week’s Stephanomics podcast, Bloomberg reporter Alessandra Migliaccio takes you across the continent to see how much more it costs to make some of the world’s most famous dishes, from France’s coq au vin to pizza margherita in Italy. Politicians have tried to limit the pain of high prices, but their efforts have barely made a dent.
Bloomberg has been tracking custom food indexes around the world for close to a year, including the traditional English breakfast. Reporter Irina Anghel tells us about the latest reading, which showed the average basket of ingredients—including eggs, bread and milk—spiked almost 23% in the past year. Host Stephanie Flanders then chats with Joe Glauber, a senior research fellow at the International Food Policy Research Institute, about the outlook for global food prices.
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Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.
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