Food habits and food inflation in the US and India; An experience in Covid-19 pandemic

Abstract

The US and India are different in various socioeconomic aspects. Still the inflation are rates between them showed moderately correlated in respected in respect of food prices 2022. Both countries adopted necessary measures to supply food and beverages in the lockdown and related bottlenecks in order to check the rapidly rising commodity prices. But still the food prices increased continuously almost in the whole year,2022. Food and fuel have been said the drivers of inflation during the Covid-19 pandemic period (Philip Barrett Sep,12,2022). The world itself was partially a closed economy as foreign trade dwindled to a large extent. So countries had to depend mostly on indigenous production and market supply network. But as the food and beverage demand, it is dependent on economic factors like testes, habits and preference of the households. These factors played important role in the head line inflation in different countries during Covit-19 pandemic. The present study is an attempt to highlight the complex factors such as food habits ,tastes and preferences in the US and India. This shows how the said factors impacted upon the food inflation in them.