May 19, 2024 | 23:25 GMT +7
May 19, 2024 | 23:25 GMT +7
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(VAN) Prices of frequently purchased consumer items are on a continual, steep rise due to surging oil and raw material prices, fueling concerns that inflation here may no longer be transitory.
(VAN) Global food prices surged by the biggest margin in a decade in May as one closely-watched index jumped 40 per cent in the latest sign of rising food inflation.
World food prices rose for a ninth consecutive month in February, hitting their highest level since July 2014, led by jumps in sugar and vegetable oils, the United Nations food agency said on Thursday.