Economy / Finance

War in Ukraine Could Trigger up to 22 Percent Rise in Food Prices Worldwide, UN Reports

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The UN Food and Agriculture Organization (FAO) reported on March 11, that international food and feed prices could rise by up to 22 percent due to the conflict in Ukraine, which may lead to a rise in malnourishment in less developed countries.

Total global food output has fallen since the Russian invasion of Ukraine in late February, resulting in a sudden and steep reduction of food from exporting nations.

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