24 Hrs
Source:
المشهد العربي
FAO warns of upcoming food price surge
The Food and Agriculture Organization of the United Nations (FAO) expects the world to face a new wave of rising food prices due to the wars in Iran and Ukraine, as well as the El Niño phenomenon. This combination is increasing costs and reducing crop yields. Although food prices have remained relatively stable this year and have decreased the pressure from rising energy costs in some regions, experts from the organization warn that inflation in the food sector is likely to escalate in the coming period.
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