Price pinch: global economy caught in perfect storm

Published by
Reuters

By Guy Faulconbridge, Andrew MacAskill, Daniel Leussink and Leika Kihara LONDON/TOKYO (Reuters) – From beef bowls in Tokyo to chicken fillet rolls in London, consumers are beginning to feel the pinch from the surge in costs washing over the global economy. The rebound in economic activity from coronavirus restrictions has exposed shortages across the supply chain with companies scrambling to find workers, ships and even fuel to powers factories, threatening a nascent recovery. Britain’s biggest chicken producer warned that the country’s 20-year binge on cheap food is coming to an end and food …

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