Grain supply improvements, strong U.S. dollar mean agricultural commodities should cost less in 2023, Fitch says
Surging food and energy prices drive inflation to new heights
Excluding food and energy, annual consumer prices in the U.S. rose 5.9% on an annual basis in June
High food prices cutting into household finances
Central banks must fight risk of inflation expectations driving actual prices
Rising services prices drove core inflation up too
Countries in the Middle East and Africa face unrest amid rising food, energy costs
Had gas prices not risen 40%, annual inflation in March would have been 5.5%