World Bank cautions of rising global food prices as inflation chokes developing nations

The latest food security report by the global financier, World Bank paints a worrying picture for consumers especially to the developing nations. The lender estimates that domestic food price inflation remains stubbornly high in many parts of the world, signalling renewed pressure on both consumers and policymakers. The update shows the benchmark agricultural, export and…

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CBK survey projects drop in food prices despite soaring inflation./photo courtesy

CBK survey projects drop in food prices despite soaring inflation

Food prices are expected to decline in the coming months despite a recent rise in inflation. This is according to the Central Bank of Kenya’s (CBK) latest agriculture survey, released in July 2025. The report shows that inflation edged up to 4.1 percent in July compared to the same period last year. However, the majority…

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