Cost of food rises at a rapid pace in over a decade

Blog Foreign News

Global food prices have gone higher at a fastest monthly rate in over a decade, according to the United Nations.

The UN uses a broad ratio of global food costs, which have also increased gradually for the past 12 months in a row. 

This has affected suppliers production, labour and transport during the pandemic.

Concerns are growing about inflation and how higher grocery bills will impact the world’s economic recovery.

The UN Food and Agriculture Organization’s (FAO) food price index tracks prices around the world of a range of food including cereals, oilseeds, dairy products, meat and sugar.

On an annual basis food prices shot up to 39.7% in May .

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