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  • 9 hours ago
The pressure on consumers and traders is expected to persist, with global food prices forecast to rise in the coming months and remain high into 2027 as conflict-related shipping disruptions and El Nino-driven drought threaten cereal supplies.

In Indonesia, rice prices have already reached record highs amid forecasts of delayed rains.

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00:02Rising food prices are forcing consumers in Indonesia to cut back on meals, while traders
00:08and small business owners struggle to keep their businesses afloat amid higher costs.
00:14In central Jakarta, 63-year-old parking attendant Mohamed Yasin says the cost of a basic meal
00:20of rice, tempeh and tofu has nearly doubled, from 7,000 to 8,000 rupiah to 15,000 rupiah.
00:46Taxi driver Noor Hadi says consumers have little choice but to accept higher prices as sellers
00:52pass on rising costs.
01:08For traders and small business owners, rising costs and increasingly budget conscious customers
01:14are squeezing already thin profit margins.
01:18And now I see the people who eat, the food is more spicy.
01:23The milk is half, the food is only cheese, and we are not going to lose.
01:29It seems like they are still spicy too.
01:32The most, if it's really high, it's 1,000.
01:36That's a complaint.
01:38The reward is at the bottom.
02:01The pressure on consumers and traders is expected to persist, with global food prices forecast
02:08to rise.
02:12In Indonesia, rice prices have already reached record highs amid forecasts of delayed rains.
02:47The world bank says food prices out on the market.
02:49It's up-paced headline inflation in 22% of the 150 countries it tracked in the September quarter,
02:55up from 14% previously.
02:58Attacks on black sea grain infrastructure have disrupted wheat shipments, while Red Sea insecurity
03:03has forced vessels onto longer, costlier routes around Africa.
03:08the most of the past.
03:11And where would you know, our amount of Soviet tourism while Red Sea is the most likely
03:14It's partly because every day that represents a lot of countries
03:16that were willing to get in use of jas電ara microflans.

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