
Global Food Inflation Set to Accelerate Through 2027 as Cumulative Supply Shocks Mount
Global food inflation is forecast to intensify and persist through 2027 due to cumulative supply chain disruptions, adverse weather, and geopolitical risks. The FAO Food Price Index rose to 136 points in September 2026, its highest mark since November 2022. Upward pressure is led by wheat prices climbing over 30% in 2026 and Asian rice export prices increasing by 10% to 13%, further aggravated by Red Sea vessel rerouting and Black Sea grain terminal attacks.
















