Higher food prices in Europe ‘only a matter of time’ – analysts

A re-opening of the Strait of Hormuz will “not mean an immediate return to normal” and higher food prices are “unavoidable” analysts have warned. According to Rabobank analysts the prolonged disruption in the Strait of Hormuz has set the stage for “renewed food price inflation” across Europe, which is likely to peak in 2027. Evidence suggests […] The post Higher food prices in Europe ‘only a matter of time’ – analysts appeared first...