24 Jan 2022 --- Food prices are surging globally, with some countries – like the UK – reporting the highest inflation levels in 30 years. Consumers and small businesses are feeling extreme pressure as costs soar beyond their affordable incomes, and while major food producers say these increases are force majeure, many governments, experts and industry bodies accuse large corporations of profiteering from recent disasters. COVID-19 pandemic disruptions, extreme weather, cyber-attacks and fuel shortages have driven production and supply costs up, and with many nations beginning to emerge from lockdown restrictions, demand is again rising. This seems like the free market in action, but the US administration is branding inflation levels an anti-capitalistic manipulation.
