Tag: Salaries

Why Food Keeps Getting More Expensive

Why Food Keeps Getting More Expensive

Food prices keep on increasing and it does not seem the global economy is recovering after the pandemic blow. According to the Food and Agriculture Organization (FAO) and their Food Price Index, they went up even more rapidly over the last month with the higher rates of the decade. The new data shows that food prices in May were almost 5% more expensive than in April, the largest monthly increase since October 2010, and almost 40% higher than the same month in 2020.

Hey! Are you enjoying NYCTastemakers? Make sure to join our mailing list for NYCTM and never miss the chance to read all of our articles!