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Commodities

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.

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