XML vs YAML vs JSON for data feeds in perl application?

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Assuming I'm starting a project from scratch, which is not dependent on any other project. I would like to use a format to store feeds, something like XML, since XML is not the only available format of its kind, I would like to know: why should I choose one over the rest?

I will be using perl.

'Feed' is a description of a product (name, price, type, short description, up to 120 words).

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