Press "Enter" to skip to content

Food Shortages Surge to Record High, Food Price Inflation 2nd Highest Ever

BY JOHN CARNEY

 

The supply of food around the globe saw a sharp uptick in disruptions, survey data from S&P Global indicated Monday.

Supply shortages matched the record hit at the height of the global financial crisis in 2008.

“Supply shortages surged in April to reach a joint-record level as the war in Ukraine continued to hit global food exports. Reports of increased food prices were meanwhile at the second-highest on record,” said S&P Global economist Usamah Bhatti.

 

READ MORE…

Daily News PDF Archives – Jellyfish.News

 

Breaking News: