Global food prices hit 10-year high amid supply disruptions, f | RT News

Global food prices hit 10-year high amid supply disruptions, factory closures & political tensions

Food prices have surged to a new global peak, hitting their highest level since July 2011 and extending the 30% increase recorded last year, according to the latest United Nations Food and Agriculture Organization (FAO) report.

The FAO Food Price Index, which tracks the international prices of a basket of food commodities, found that in October, the cost of a basket of food was up 3% on the previous month.

The prices were reportedly pushed by high commodity prices, worldwide disruptions to supplies, and factory closures, along with political tensions.

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