Oxford Economics

“Global food prices are expected to increase by 11.8% this year and by 4.8% in 2027, with the most severe impact expected to be on crops — grains, fruit and vegetables — and dairy, according to Oxford…”

“Oxford Economics said global diesel prices surged 36% year on year in July, driven partly by disruption to the Strait of Hormuz.”

“fertiliser prices are forecast to rise by 22% this year.”

“could affect 86 million tonnes of annual grain-export capacity — 52 million tonnes from Russia and 34 million tonnes from Ukraine — equivalent to almost 17% of global cereal exports, according to the…”

“prices expected to jump by 36% year on year to $6.92 a bushel — equivalent to about 27 kilograms of wheat — in the third quarter of 2026, according to the researchers.”

“Oxford Economics estimates that if the 20 percent tariff on EU exports materialises, the bloc's growth could be reduced by up to 0.3 percentage points in both 2025 and 2026.”

“Oxford Economics forecast European food prices this month, it concluded the heatwaves will be “a stronger upward driver of food prices next year than the war,” as its economists wrote in analysis rep…”

“Oxford Economics sees eurozone food inflation rising from June's 1.5 percent to around 3 percent in 2027.”

“For a household spending 400 euros a month on food, that is roughly 144 euros more over the year than if prices stood still, or about 72 euros more than if inflation stayed at 1.5 percent.”