Food Inflation
A World That’s More Expensive Is Starting to Destroy Demand
Buyers are balking at high prices for fuel, food and metals, threatening to tip economies back into recession.
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Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.