The Biggest Jump in Global Crop Prices Since 2022 Threatens to Boost Inflation
Global crop prices experienced their largest quarterly increase since 2022 due to extreme weather and tensions in the Black Sea region. This rise threatens to increase inflation and impact central bank targets.
Global agriculture prices notched their biggest quarterly jump since Russia’s invasion of Ukraine in early 2022 on fresh tensions in the Black Sea region and extreme weather, in a potential headwind for central bank inflation targets.
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