The National Bureau of Statistics (NBS), says prices of beef, rice, beans, onion, tomato, and other food items increased in November.
Browsing: Food prices
The so-called hidden costs of global food systems amount to around 10 trillion dollars a year, around 10 percent of global gross domestic product (GDP).
Russia halted its participation in the Black Sea Grain Deal on July 17, which was the deadline for its extension. Moscow had fully implemented its part of the Initiative but had warned it would pull out if Western countries failed to meet its terms – specifically, steps to facilitate the export of Russian foodstuffs and fertilizers.
The World Bank, in its latest Food Security Update says inflation in food prices remains high globally.
By Ikenna Uwadileke It is no longer news that prices of foodstuffs have hit the roof in many parts of…
By Salisu Na’inna Dambatta As media reports (based on information from the National Bureau of Statistics NBS), continuously indicate that…