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Tarek Azab

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4 h ago

Global food inflation is expected to intensify as supply shocks pile up

Rice prices in Indonesia have hit record highs as El Niño-induced drought and delayed rainfall leave paddy fields parched. (AFP pic) SINGAPORE: 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.

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