El Nino, Mideast conflict could push food prices up by more than 2% in months ahead: Economists
Economists say food prices could increase by more than 2% in the coming months. This, as El Nino is officially underway, potentially disrupting harvests and reducing food supplies, while the Middle East conflict continues to drive up costs. As higher global prices take time to filter through supply chains, consumers may feel the worst of the impact next year. Beatrice Yap reports.
Economists say food prices could increase by more than 2% in the coming months. This, as El Nino is officially underway, potentially disrupting harvests and reducing food supplies, while the Middle East conflict continues to drive up costs. As higher global prices take time to filter through supply chains, consumers may feel the worst of the impact next year. Beatrice Yap reports.
Popular Shows
