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Global Food prices at their highest but growth is slowing down

Global IndexesJan 25, 2022
Global Food prices at their highest but growth is slowing down

The price of food continued to grow in 2021 amid a global environment of strong demand and tight supply. For the first time in four months, the global food price index fell by 1.2 points in December showing some deceleration.

Globally, the inflation for essentials including food and energy has skyrocketed this year, due to supply-chain disruption and shortages as countries cast off COVID-19 restrictions.

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