Global food cost surges for first time in 7 months: FAO
The FAO's Food Price Index rose by 1.1 percent in March 2024, reaching 118.3 points. However, compared to the previous year, it was 7.7 percent lower.
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The FAO's Food Price Index rose by 1.1 percent in March 2024, reaching 118.3 points. However, compared to the previous year, it was 7.7 percent lower.
Predictions? >> yeah, as you say,ç the u.s. and japan are not huge trade partners. we do more business with china and other nations. that said, you have a real situation where the economy was just starting to gain momentum, just starting to come out of this deep recession we have been in and we have one more risk factor, higher oil prices, turmoil in the middle east. it is not an ideal time. we're not in a great position to weather any kind of body blow we face given the weak economy that we're in. >> let's talk about japan, output reduction and what is going to happen to them by half a perc...