World Food Import Bill Set To Reach Record Amid Soaring Costs

The world’s food-import bill is expected to climb to an all-time high this year, with the soaring cost of staples hitting poor nations particularly hard and threatening to fuel global inflation. The cost of importing food is set to rise by 12% to $1.72 trillion, led by increases in grains, vegetable oils and oilseeds, the United Nations’ Food & Agriculture Organization said in a report. Read More Here

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.