Skip to ContentSkip to Footer
6 issues for free
Subscribe
Subscribe
6 issues for free6 issues for free
Analysis

What's driving the surge in food prices and what are the knock-on effects?

Data from the Food and Agriculture Organisation's (FAO) monthly food price index, shows prices in May were 40% higher compared to last year. John Stepek looks at what is causing higher food inflation.

by: John Stepek
4 Jun 2021
Photographer: Veejay Villafranca/Bloomberg via Getty Images

Food prices are rising at their fastest pace since 2011.

Photographer: Veejay Villafranca/Bloomberg via Getty Images

Free, fast, fair

Continue reading this article and get instant access to even more investment news by registering your details below:

We will use the details you have shared to manage your registration. You agree to the processing, storage, sharing and use of this information for the purpose of managing your registration as described in our Privacy Policy.

We will use the details you have shared to manage your newsletter subscription. You agree to the processing, storage, sharing and use of this information for the purpose of managing your subscription as described in our Privacy Policy.

We will use the information you have shared for carefully considered and specific purposes, where we believe we have a legitimate case to do so, for example to send you communications about similar products and services we offer. You can find out more about our legitimate interest activity in our privacy policy.

‘We’ includes MoneyWeek and other Dennis Group brands as detailed here

Reset your password

A link has been emailed to you - check your inbox.



Don't have an account? Click here to register

Recommended

Inflation: should you worry a lot or a little?
Investment strategy

Inflation: should you worry a lot or a little?

At 2.1%, inflation doesn’t seem particularly high. But don’t dismiss those numbers, says Merryn Somerset Webb. It’s time to start getting worried.
21 Jun 2021
Inflation is here – and shifting politics means it's here to stay
Inflation

Inflation is here – and shifting politics means it's here to stay

Inflation has gone mainstream, and it’s something we’re going to have to get used to. That means a bumpy ride for your investments, says John Stepek. …
20 May 2021
Inflation has returned – and it will get worse
Economy

Inflation has returned – and it will get worse

Signs of inflation are everywhere. And companies around the world are already raising prices as the price of raw materials climbs.
6 May 2021
The inflation narrative has got overheated for now – but it’s inevitable
Inflation

The inflation narrative has got overheated for now – but it’s inevitable

With official CPI at just 0.4% in the UK, inflation seems to be everywhere you look except in government statistics. But it’s only a matter of time be…
24 Mar 2021

Most Popular

Why it might be better to delay saving for your retirement
Pensions

Why it might be better to delay saving for your retirement

We are advised to put aside as much as we can as early as possible. But is that always sensible?
8 Jun 2021
The biggest threat to crypto comes from stablecoins
Bitcoin & crypto

The biggest threat to crypto comes from stablecoins

Governments are increasingly getting worried about "stablecoins", cryptocurrencies which have a more "stable value". John Stepek explains what stablec…
3 Jun 2021
How inflation shrinks your savings, and what to do about it
Savings

How inflation shrinks your savings, and what to do about it

It’s getting harder and harder to grow your money in real terms. Alex Rankine looks at the best savings accounts currently on offer.
7 Jun 2021
Skip to ContentSkip to Footer