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GLOBAL FOOD PRICE
Global food commodity prices are projected to rise by 7% in 2027, following an expected 10% increase in 2026, as higher energy costs, weather-related supply pressures and disruptions to exports drive prices upward.
The latest Food Security Update report from the World Bank, released on Tuesday, highlights that inflation in food prices remains high worldwide across low, middle, and high-income nations, according to available data.