We've reached peak global food inflation, says IFPRI expert (GZero)
We’ve reached peak global food inflation, says IFPRI expert (GZero) GZero published an article published a summary of a seminar that quotes IFPRI. Global food prices have been going through the roof over the past few months — but there’s some good news on the horizon. Weather permitting, the prices of key commodities like wheat are now almost back to their levels before Russia
We've reached peak global food inflation, says IFPRI expert (GZero)
We’ve reached peak global food inflation, says IFPRI expert (GZero)
GZero published an article published a summary of a seminar that quotes IFPRI. Global food prices have been going through the roof over the past few months — but there’s some good news on the horizon. Weather permitting, the prices of key commodities like wheat are now almost back to their levels before Russia invaded Ukraine, David Laborde, a senior fellow, said during a livestream discussion on the global food crisis. The other problem is high energy prices, which drive up transportation costs, but unless there’s a climate shock in a big producer Laborde believes “we have seen the worst of it.” Can be viewed on YouTube video.