Why global food inflation is set to accelerate into 2027

Muhamad Yasin, a 63-year-old parking attendant in central Jakarta, says he has cut back on meals as rising prices have put food staples beyond his reach. “I used to be able to get rice, tempeh and tofu for 7,000 to 8,000 rupiah (US$0.39 to US$0.44). Now it’s 15,000 rupiah,” said Yasin, who earns 200,000 to 300,000 rupiah a week, beside the minimarket where he watches over parked motorcycles. Global food inflation is poised to accelerate in the coming months and persist well into 2027, as w, as war-related shipping disruptions and El Nino-driven drought squeeze cereal supplies, putting addition (GDELT Global Knowledge Graph, 09:45)

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  insideretail.asia·News·EN·20 Oct, 09:45 MYT

  Why global food inflation is set to accelerate into 2027

  Muhamad Yasin, a 63-year-old parking attendant in central Jakarta, says he has cut back on meals as rising prices have put food staples beyond his reach. “I used to be able to get rice, tempeh and tofu for 7,000 to 8,000 rupiah (US$0.39 to US$0.44).

  Read at insideretail.asia ↗

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