Inflation has cooled in many countries, but in most of them, food inflation remains rampant—and could accelerate
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Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agonyRussia pulled out of an international agreement that allows Ukraine to export grain through the Black Sea. WSJ’s Jared Malsin explains the details behind the decision, and what it could mean for global food supplies. Photo: Yoruk Isik/Reutersin many countries, but in most of them, food inflation remains rampant and there are reasons to fear it may accelerate.
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