Food prices skyrocketed in January, putting a heavy burden on the poorest
“As record rates of inflation hit the U.S. and countries around the world, one thing that’s hit people’s wallets the hardest has been food prices, which could create a dangerous situation for the world’s poorest.
A global index was released on Thursday by the United Nations Food and Agriculture Organization and it revealed that certain food prices in January hit their highest level since 2011. The prices of meat, dairy and cereals ticked up from December, while the price of oils reached their highest level since the index began tracking food prices back in 1990.”