Tone doesn’t come over well on the internet and I’m not trying to be rude here , it’s more just frustrating
I mean I’m not sure if you were putting me on or serious . A helpful hint , read your own link , starting with the graph title where the data ends in 2019 . If it didn’t ring 5 bells in your head (that it makes no sense that food as a percentage of income would be lower ) than you really shouldn’t be posting on the matter . If it did you would have looked at your link and re-read it .
A moron may read you link and say “ohhh ya well I guess it’s not that high “ . Your data is thru 2019 . Do you not realize the incredibly high food price inflation occurred in 2021-2022-2023 . The corporates successfully navigated it by rising prices significantly higher than their input costs rose and the consumer is well ...not brilliant .
Data from 2021 consumptions show People spent 10% more on food as a% of their disposable income then the year prior . You can tack on another 6-10% when 2022 data comes out as price rises in 22’ were comparable to 21’ , thou at some point many people (after switching to off label brands ) just don’t have the money and simply buy less food to keep up with the price hikes and their % of disposable income spent toward food plateaus as they can’t allocate more because their energy and shelter bills increased as well