Global food inflation is expected to intensify as supply shocks pile up
The world's poorest consumers are being hit the hardest as food prices rise in many countries across the Middle East, North Africa and Asia.
Jakarta's 63-year-old parking attendant, Muhamad Yasin, has noticed a sharp increase in food prices over the past few months. He used to be able to purchase rice, tempeh, and tofu for a relatively modest 7,000 to 8,000 rupiah ($0.39 to $0.44), but now these staples cost him 15,000 rupiah. Yasin, who earns between 200,000 and 300,000 rupiah per week, watches over parked motorcycles at a minimarket and is struggling to make ends meet due to the soaring cost of basic food items.
The situation faced by Yasin is not unique. Global food inflation is expected to intensify in the coming months and could persist well into 2027. The primary drivers of this alarming trend are war-related shipping disruptions and droughts caused by El Nino, both of which have significantly impacted cereal supplies. As a father of four, Yasin represents a vulnerable consumer group that will bear the brunt of this escalating food crisis.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Global food inflation is expected to intensify as supply shocks pile up freemalaysiatoday.com
