EconomyFAO warns world faces fresh surge in food prices

The world is nearing another wave of food inflation, according to the chief economist of the Food and Agriculture Organization. Wars in Iran and Ukraine, combined with El Nino, are described as creating a perfect storm for higher costs. Crop yields could also fall, adding supply pressure to rising expenses. The combination threatens to push food prices higher again across the globe.

food pricesinflationFAOIran warUkraine war

RReuters★★★★☆2026-08-05 13:44Original