Rising world food prices causing concerns among people: IMF - Times of India

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Rising world food prices causing concerns among people: IMF ࢀ“ Times of India 20 mins ago 2 min read WASHINGTON: Global food prices have rallied to multi-year highs, triggered by Covid-19 pandemic-related supply chain disruptions and soaring transport costs, the International Monetary Fund ( IMF ) has said. More is likely to come since international food prices are expected to increase by about 25 per cent in 2021 from 2020, wrote IMFࢀ™s Christian Bogmans, Andrea Pescatori and Ervin Prifti in a new blog. They are expected to stabilise later this year. The recent sharp increase in international food prices has…

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