Global food prices remain high for consumers despite their decline
Pravda Ukraine
Global food prices, which have risen sharply after Russia’s war against Ukraine and the effects of the pandemic, are declining but remain high for domestic consumers.
Source: IMF’s Budget Bulletin review, which was presented on Wednesday by Vitor Gaspar, the Director of the IMF Financial Department, reports Ukrinform Details: “The war in Ukraine has increased price pressure on global food markets amid already rapidly rising commodity prices and a sharp rise in inflation due to recovering demand and supply chain disruptions,” the IMF reported.