Global food prices have rallied to multi-year highs, triggered by Covid-19 pandemic-related supply chain disruptions and soaring transport costs, the International Monetary Fund (IMF) has said. More is likely to come since international food prices are expected to increase by about 25 per cent in 2021 from 2020, wrote IMF's Christian Bogmans, Andrea Pescatori and Ervin Prifti in a new blog. They are expected to stabilise later this year.from IndiaTV Business: Google News Feed https://ift.tt/35SLbHV
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