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Extreme food prices slam inflation-ridden Turkey and Sri Lanka

Vegetables vanish from dinner tables as price index soars 27%

Shoppers at a street market in Istanbul on Nov. 18. The country's annual food price inflation came to 27.4% in October.   © Reuters

NEW YORK -- Months into the worst inflation in decades, a new round of food price hikes is ratcheting up pressure on governments around the world. Figures released Thursday by the United Nations' Food and Agriculture Organization show a barometer of food commodity prices in November at its loftiest since June 2011 and 27.3% higher on the year.

Some of the starkest numbers out of Asia come from Turkey and Sri Lanka, where inflation is racing and governments are responding with dramatic measures that defy economic orthodoxy.

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