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Higher prices of agri-commodities adding to inflation: analysts
The proportional increase in prices on supermarket shelves for end consumers is expected to be much smaller
Published Sun, Feb 27, 2022 · 09:50 PM
Singapore
THE year ahead is likely to hold fewer pandemic-related disruptions as more countries accept living with Covid-19.
But agricultural commodities are unlikely to see "any sense of normalcy", market watchers said, thanks to continued logistics bottlenecks, labour shortages and weather-related supply disruptions. Food price inflation should be expected as some commodities test multi-year highs.
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