# Protein inflation

- Canonical URL: https://www.gerhardmerk.de/protein-inflation
- Post ID: 593256
- Modified: 2023-07-25T21:12:19+00:00
- Language: en

## Definition

A term that emerged around 2005 to describe the fact that protein-containing foods, i.e. foods rich in protein, have risen extraordinarily in price globally since around 2000, which then has a relatively strong impact on the respective baskets of goods in the individual countries and reduces purchasing power. The main reasons for the price increase are considered to be - overfishing of the waters, which has reduced the supply of seafood, and - the increased demand for protein foods on the part of developing and emerging countries. China has been the world's largest importer of soybeans since 2006, buying about forty percent of the world market supply in 2007. Whether, when and to what extent the prices for protein foodstuffs will fall is disputed even among experts. This is because it would have to be possible to make a reasonably reliable forecast of the individual developments that are difficult to assess - above all, the increase in production that will be lured by high prices on the one hand; growing demand in the coming decades on the other; and the additional conversion of agricultural crops into biofuels, which will depend on the price of oil. - See biofuels, energy-inflation link, oil-food link, inflation compensation, purchasing power outflow, climate inflation, carbon dioxide inflation, wage, indexed, wage-price spiral, oil price, oil price shocks, lar, commodity prices, shocks, structural, spread, commodity-related, electricity price, second-round effects. - Cf. ECB Monthly Bulletin of September 2008, pp. 13 ff. (Food price increases; overviews), ECB Monthly Bulletin of June 2010, pp. 60 ff. (Agricultural commodity and food prices since 2007; overviews), ECB Monthly Bulletin of October 2013, pp. 66 f. (Food prices on the world market and in the EU; overview; tendency toward synchronization), Deutsche Bundesbank Monthly Bulletin of August 2014, pp, 13 ff. (Determinants of food prices; overviews; references). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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