Food Prices Rise Faster Than General Inflation
The World Bank reports high global food price inflation, with Venezuela, Lebanon, Argentina, Turkey, and Zimbabwe particularly affected. The latest data shows rising trends: In low-income economies, 52.6% see over 5% increase, compared to 63.2% before. For lower-middle-income countries, it's 86%, up from 79.5%. In upper-middle-income countries, the figure is 64%, down from 67%. High-income […]