This report first appeared in Gulf Marketing Review's September 2008 issue. The full report with statistics is available for download at the bottom of this page.

Background

Inflation has become a concern for most the last few years and particularly this year. Food inflation has been steadily rising, and is speculated to be due to rise in energy prices and biofuels. The issue of food inflation is neither temporary nor transitory. Combating food inflation remains a big challenge.