Analysis: Expectations that global food price inflation will intensify with successive shocks

Analysis predicts accelerating global food inflation in the coming months, continuing into 2027, due to war-related shipping disruptions and drought caused by El Niño, reducing grain supplies and pressuring vulnerable consumers like Muhammad Yasin, a 63-year-old worker in Jakarta.

Analysis predicts accelerating global food inflation in the coming months and continuing well into 2027, due to war-related shipping disruptions and drought caused by El Niño, reducing grain supplies and pressuring the most vulnerable consumers. In Indonesia, rice prices have jumped to unprecedented levels amid delayed rainfall, while bread costs in Egypt have risen by a quarter, and sugar prices in India have reached their highest ever due to the weakest monsoon season in over a decade. Maximo Torero, chief economist of the UN Food and Agriculture Organization (FAO), says all this is putting significant pressure on the system, adding that the impact will be greater towards the end of the year, the beginning of next year, and possibly throughout next year. The article highlights the suffering of the poorest consumers, such as Muhammad Yasin, a 63-year-old worker in Jakarta, who has reduced his meals due to rising prices.