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World Bank warns of an 18% rise in food prices between 2026 and 2027

FinanceInternationalSWI swissinfo.ch40 s readAI summary
Image: SWI swissinfo.ch

The World Bank warned of a sharp increase in food prices in 2026 and 2027, with a combined rise of 18% compared with 2025, driven by armed conflicts and the expected effects of an exceptional El Niño episode. In its commodities markets report, the institution forecasts energy prices will rise 32% this year, pushed by the conflict in the Middle East, and metals to gain 25% in 2026.

In 40 seconds

  • Food prices would rise 18% combined in 2026 and 2027 versus 2025, according to the World Bank
  • Energy would become 32% more expensive this year due to the Middle East conflict, with Brent going from 69 to 91 dollars
  • Brent would average 79 dollars in 2027 if the conflict does not resume; if it does, it could reach 105 dollars
Read the full story at SWI swissinfo.ch

IASummary generated by artificial intelligence from a story by SWI swissinfo.ch. It may contain errors: the original source prevails.

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