The quarterly rise in agricultural prices was the highest in 4,5 years
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9 Articles
The Bloomberg Agriculture Spot index, which tracks the ten major agro-products, including wheat, soybean and coffee, has added 13 per cent in three months - the maximum quarterly growth since March 2022.
The quarterly rise in agricultural prices was the highest in 4,5 years
Global agricultural prices are showing significant growth. The Bloomberg Agriculture Spot Index, which tracks ten major agricultural commodities, including wheat, soybeans, and coffee, has gained 13% in three months—the highest quarterly...
Global agricultural prices rose most sharply in the third quarter since the war in Ukraine in early 2022. The Bloomberg Agriculture Spot Index, which tracks the ten most important crops, rose by 13 percent. That was the largest quarterly increase since March 2022.
The global prices of agricultural products have recorded in recent months the largest quarterly increase since the beginning of the Russian invasion in Ukraine in 2022. The evolution is fuelled by tensions in the Black Sea region and extreme weather phenomena and could complicate the efforts of central banks to keep inflation under control, broadcasts Bloomberg, quoted by [...]
The global prices of agricultural products have recorded the largest quarterly increase in recent months since the beginning of the Russian invasion of Ukraine, in early 2022, on the basis of new tensions in the Black Sea region and extreme weather phenomena, a situation that could make it difficult to reach inflation targets set by central banks, says Bloomberg.
The rally in agricultural prices is creating new inflationary pressures.
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