Authors :
S.N. Saha
Volume/Issue :
Volume 9 - 2024, Issue 3 - March
Google Scholar :
https://tinyurl.com/55sw62zw
Scribd :
https://tinyurl.com/zx5z9wpd
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAR1913
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.
Keywords :
Rank Correlation, Standard Deviation, Headline Inflation, Habits, Tastes and Preferences, Food and Beverages, Indigenous Production, Lock Down, Supply Chain, Inventory, Stakeholders, Administrative Follow Up, Foreign Trade, Tolerance Limits of Inflation.
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.
Keywords :
Rank Correlation, Standard Deviation, Headline Inflation, Habits, Tastes and Preferences, Food and Beverages, Indigenous Production, Lock Down, Supply Chain, Inventory, Stakeholders, Administrative Follow Up, Foreign Trade, Tolerance Limits of Inflation.
