Food prices spiked in March as Middle East conflict drove up energy costs, UN says

Food prices spiked in March as Middle East conflict drove up energy costs, UN says

Biggest rises were in vegetable oil and sugar prices, which increased by 5% and 7% respectively Visual guide to the Gulf fertiliser blockade Food prices rose sharply in March as war in the Middle East drove up energy prices and freight costs around the world, a UN report says. An index of food commodity prices by the UN’s food and agriculture organisation increased by 2.4% in March, its second consecutive monthly rise. Continue reading...