Global food prices reach record high
- Date: 07-Nov-2021
- Source: MENAFN
- Sector:Industrial
- Country:Middle East
Global food prices reach record high
(MENAFN- Newsroom Panama) Global food costs skyrocketed last month, to a record high adding more inflationary pressure on consumers and governments.
The United Nations index that tracks staples from wheat to vegetable oils rose 3% to a new decade-long high in October, threatening to drive up food costs for households that have already been growing affected by the pandemic.