Global Food Inflation to Intensify on Supply Shocks

Global food inflation is poised to accelerate and persist into 2027 driven by war-related shipping disruptions and El Nino-driven droughts. Vulnerable consumers in developing nations face severe price pressures on staple goods as agricultural buffers dwindle.

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FILE PHOTO: File Photo: 5-kilogram sacks of premium rice, which according to the shopkeeper, have become scarce in recent weeks, are displayed for sale at a supermarket in Jakarta, Indonesia, October 1, 2026. . REUTERS/Willy Kurniawan/File Photo

Global food inflation is accelerating and will persist through 2027, driven by war-related shipping disruptions and El Nino droughts.

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