Tag: FAO

Food Costs Ease Following Decade-High Surge

Global food prices recently fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures. COSTS DROP 2.5% A United Nations gauge of food costs dropped 2.5% in …

Key Economic Measures Reflect Rise in Food Costs

Pandemic-related impacts on the global food supply chain have triggered a domino effect of price hikes, with producer and consumer prices consistently rising over the past 12 months, according to several economic measures. Key drivers …

Rising CPI and Spend on Importing Add to Inflation Unease

The Consumer Price Index increased 0.6% in May on a seasonally adjusted basis after rising 0.8% in April, the U.S. Bureau of Labor Statistics reported Thursday. Those numbers, plus concerns about spend on importing, are …