Global food prices hit their highest since 2022, raising inflation concerns. Crude oil reaching a new all-time high by December 31 at 10.5% YES.

World food prices rose in August to their highest since late 2022, impacted partly by the war on Iran, the United Nations' Food and Agriculture Organisation (FAO) said on Friday.

Global food prices reached their highest point since late 2022. Adverse weather and war disruptions are increasing concerns over staple supplies. Extreme heat and drought in…