Inflation: Inflation is a general increase in prices over time. When there is inflation in an economy, it affects not only food prices but also other goods and services.
Subsidies: Subsidies are financial incentives provided by governments to support certain industries or activities. In agriculture, subsidies can affect food prices by reducing production costs for farmers.
Global Trade: Global trade refers to the exchange of goods and services between countries. It can impact food prices by affecting the availability of certain products and influencing transportation costs.