Global food prices hit four-year high in September
World food prices rose in September to their highest level in nearly four years due to logistics disruptions and weather concerns affecting crops. The United Nations reported increased costs across sugar, cereal, and vegetable oil sectors.
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World food prices rose to 136.0 points in September, reaching their highest level in nearly four years amid logistics disruptions and crop pressures, the United Nations Food and Agriculture Organization said during Thursday morning. The benchmark increased from a revised 134.0 points in August, driven by sharp gains in international crop sectors. These persistent inflationary pressures threaten to pass through directly to consumer grocery bills globally.
