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Global food prices on the rise again: World Bank

Food Prices on the Rise

Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wednesday.

 

Wholesale inflation surged in February

Wholesale prices surged last month at their fastest pace in just over 1-1/2 years due to higher energy costs and the steepest rise in food prices in 36 years.

 

Consumer Prices Held Steady in April

The docile inflation performance reflected a second monthly drop in energy costs and a third consecutive decline in food prices.

 

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