Prices soaring everywhere: From pork in China to beans in Brazil; global consumer prices to balloon 8.3% says IMF

PARIS, Sept 16, 2022 (AFP): Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.

Inflation jumped after countries emerged from Covid lockdowns and it has soared since Russia invaded Ukraine, with the IMF expecting consumer prices to rise by 8.3 per cent globally this year.