Global food prices surge to highest levels in a decade
UN measure of costs surges as a result of drought and Covid-19, leaving poorest nations most vulnerable
03 June 2021 - 14:03
Global food prices extended their rally to the highest in almost a decade, heightening concern about bulging grocery bills as economies struggle to recover from the Covid-19 crisis.
A UN gauge of world food costs rose for a 12th straight month in May, its longest stretch in a decade. The continued advance risks accelerating broader inflation, complicating central banks’ efforts to provide more stimulus...
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