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الاقتصادية
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Record Crop Price Rise Risks Inflation
Global agricultural commodity prices have experienced a sharp increase, reaching their highest rate since March 2022, due to escalating tensions in the Black Sea region and deteriorating weather conditions. The conflict between Russia and Ukraine has disrupted the flow of essential grains, especially from the Black Sea area, while demand for alternatives from Asia and Africa has risen. Additionally, crop production has been affected by severe weather conditions in multiple regions. The Bloomberg Agriculture Index recorded a 13% rise over the three months ending in September. However, ongoing extreme weather and the El Niño phenomenon threaten agricultural output, which could further increase inflationary pressures on global economies.
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