14 Hrs
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الاقتصادية
Rising Global Food Price Concerns
Reports expect global food inflation to increase significantly in the coming months and to continue until 2027, due to shipping disruptions related to the war and drought caused by the El Niño phenomenon. These factors are reducing grain supplies and leading to higher food prices. Rice prices in Indonesia, as well as global prices for wheat, rice, bread in Egypt, and sugar in India, have reached their highest levels ever, driven by weak production and supply shortages—pressures that are increasingly impacting consumers, especially in low- and middle-income countries. Food markets are experiencing substantial volatility amid declining inventories and rising shipping costs, which heightens the likelihood of ongoing inflation and raises the risk of social unrest.
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