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Tariff war: food prices rose 7.6% year -on -year in April globally in the middle of the conflict

Tariff war: food prices rose 7.6% year -on -year in April globally in the middle of the conflict
Tariff war: food prices rose 7.6% year -on -year in April globally in the middle of the conflict

In the middle of the Commercial unleashed by the United States A month ago, Foods took 7.6% year -on -year in April Nivel Global, and 1% compared to March. This was revealed by the index of the United Nations and Agriculture Organization (FAO).

Food worldwide were affected by Tariff conflict who touched his peak at the beginning of month, Donald Trump drastically increased to everyone -but above all to China– And initiated a of Great uncertainty which resulted in collapses in the bags of the and great Concern in markets. Although much of those taxes rolled up, the dispute with the Asian giant is still standing, while the rest of the countries negotiate less pressing conditions.

FAO’s study revealed that Products Prices increased to global scale 0.7 percentage points plus last month, in the face of the acceleration of 6.9% year -on -year to March.

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“He of the price indices of the cerealsthe products dairy and the carne counteracted the descent of those of sugar and the Vegetable oils“, stood out from the United Nations agency, and said that”Adjustments in the tariff policies of the United States contributed even more to the bullish pressure about prices “.

The indicator showed that milk derivatives They had one 2.4% rise in April and 22.9% against the same month of 2024. In the case of grainthe rise reached the 1.2% monthlywhile in the Carnicos The increase was from 3.2% since March, headed by pork cuts.

“This increase was driven by the Increased contributions in the European Union Due to a greater world demand for imports, “they expressed in relation to the greatest value of meat from FAO.

In addition, they stressed that the reasons that promoted the Acceleration of inflation in the food sector are, above all, in “ monetary fluctuations“, which” influenced the Price movements in world markets“. And they specified that” the tariff policy adjustments increased market uncertainty. “

Another possible argument highlighted by the entity’s economists was that, given this general panorama, countries may have promoted the demand for some items short -term food “When trying to stock up to reduce the impact of levies“That Trump applied.

As counter, the Vegetable oils Relay registered one drop from 2.3% compared to March, although They remained a 20.7 % above the level of a year ago. In relation to sugarthe report showed a 3.5% decrease In April, which represents the consecutive monthly decrease and places the index a 10.9% below its level of equal month of 2024.

“The fall in world prices of sugar was largely due to concern for the uncertainty of world economic perspectives and their possible Effects on the demand for the sectors of elaboration of drinks and food, that represent most of world consumption“They pointed out.

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