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Early lockdown measures and supply chain disruptions induced a spike in consumer food prices.
Ocean freight rates as measured by the Baltic Dry Index (a measure of shipping costs) have increased around 2-3 times in the last 12 months.
From their trough in April 2020, international food (producer) prices have increased by 47.2 percent attaining their highest (real) levels on May 2021 since 2014.
It is plausible that consumer food price inflation will pick up again in the remainder of 2021 and 2022.