Global food inflation set to worsen as supply disruptions mount

Summary

• Global food prices are expected to rise further in the coming months and remain under pressure into 2027 as shipping disruptions, higher fertiliser costs and weather-related production losses threaten supplies.
• The cost of wheat has also increased, while sugar prices in India have climbed to new highs following a weak monsoon that affected production.
• Global wheat prices have risen by more than 30% in 2026, while rice prices in major Asian exporting countries have increased by 10% to 13%.

AI Generated Summary

Global food prices are expected to rise further in the coming months and remain under pressure into 2027 as shipping disruptions, higher fertiliser costs and weather-related production losses threaten supplies.

The growing pressure is affecting consumers across Asia, the Middle East and North Africa, where many households spend a significant portion of their income on food. Rising prices are forcing low-income families to cut spending on essential items and reduce their daily meals.

In Indonesia, rice prices have reached record levels amid concerns over delayed rainfall and tighter supplies. The cost of wheat has also increased, while sugar prices in India have climbed to new highs following a weak monsoon that affected production.