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The Conversation

If you think grocery prices take a big bite out of your paycheck in the US, check out the rest of the world

The Conversation
Summary
Nutrition label

84% Informative

Peter Coclanis : Kamala Harris' call to ban price gouging on groceries has received a lot of attention.

He says food prices in the U.S. are the cheapest in the world, and have been for a long time.

But he says there are big differences between high-income countries such as Japan , Sweden , Norway , France and Italy , with the US percentage spent on food considerably lower than in any of these other rich countries.

VR Score

87

Informative language

87

Neutral language

44

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

19

https://theconversation.com/institutions/university-of-north-carolina-at-chapel-hill-1353?utm_source=MSN&utm_medium=related-link&utm_campaign=byline-link&utm_content=article-240779https://finance.yahoo.com/news/evidence-of-food-price-gouging-is-hard-to-find-181613112.htmlhttp://theconversation.com/the-true-cost-of-food-high-grocery-prices-are-not-the-root-issue-207702?utm_source=MSN&utm_medium=related-link&utm_campaign=related-link0-2&utm_content=article-240779http://theconversation.com/how-online-grocery-shopping-is-making-britains-urban-rural-inequality-worse-202058?utm_source=MSN&utm_medium=related-link&utm_campaign=related-link1-2&utm_content=article-240779https://www.nytimes.com/2024/08/13/business/economy/inflation-food-prices.htmlhttps://corporatefinanceinstitute.com/resources/economics/engels-law/https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=107494#:%7E:text=In%20Nigeria%2C%20Kenya%2C%20Burma%2C,on%20nonfood%20categories%20has%20increasedhttps://history.unc.edu/faculty-members/peter-a-coclanis/https://theconversation.com/profiles/peter-a-coclanis-1219114?utm_source=MSN&utm_medium=related-link&utm_campaign=byline-link&utm_content=article-240779https://www.cia.gov/the-world-factbook/field/average-household-expenditures/https://www.nytimes.com/2024/08/21/business/economy/harris-price-gouging-ban-groceries.htmlhttp://theconversation.com?utm_source=MSN&utm_medium=related-link&utm_campaign=related-link-0&utm_content=article-240779https://www.politico.com/interactives/2024/food-cost-price-harris-trump-biden/https://www.reuters.com/world/us/harris-anti-price-gouging-plan-could-build-us-state-law-2024-08-16/https://ora.ox.ac.uk/objects/uuid:a0ac1e43-66c0-4251-b84a-183b79d6e0aa/files/sv692t786fhttps://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=1afac93a-444e-4e05-99f3-53217721a8behttps://doi.org/10.1017/S0022050700107624https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/#:%7E:text=U.S.%20consumers%20spent%20an%20average,in%202023%2C%20unchanged%20from%202022https://ourworldindata.org/grapher/share-of-consumer-expenditure-spent-on-food

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