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Tuesday, November 22, 2022

Why food is getting more expensive for everyone

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Meals costs are on the rise worldwide, together with important staples like bread, milk and eggs.

The United Nations’ Meals Value Index tracks the month-to-month change within the worth of a basket of meals objects. The 5 commodities making up this basket are cereals, vegetable oils, sugar, meats and dairy merchandise.

In March 2022, the index recorded the very best worth ranges in its three-decade historical past. It has since come off that prime barely, however it’s nonetheless properly above ranges seen in earlier years.

Watch the video to search out out what’s behind the worth enhance. https://cnb.cx/3NToCX7

#CNBC #Meals #Inflation #Economic system
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Mon, 11 Jul 2022 11:00:08 GMT

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