Unveiling food inflation's response to carbon emissions, energy inflation, and economic policy uncertainty in the BRICS countries

Key Points

• Food inflation increases as carbon emissions rise, showing a direct relationship between the two.
• The analysis reveals significant effects from energy inflation on food prices in the BRICS nations.
• Observational analysis across varied economic conditions highlights economic policy uncertainty's impact on food inflation.
• This finding indicates the need for coordinated economic policies to tackle rising food prices in these regions.

Abstract