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The Biggest Jump in Global Crop Prices Since 2022 Threatens to Boost Inflation

Source: Bloomberg

Commodities & Raw MaterialsGeopolitics & WarNatural Disasters & WeatherInflationMonetary Policy

Global agricultural prices recorded their largest quarterly increase since Russia's early-2022 invasion of Ukraine, driven by renewed Black Sea tensions and extreme weather. The surge raises food-inflation risks and could complicate central banks' efforts to return inflation to target.

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