Business News of Monday, 6 April 2026Source: www.ghanaweb.comThe Food and Agriculture Organisation (FAO) has warned that global food prices reached their highest level since September 2025 in March this year and could rise further if the war in the Middle East continues to push up energy costs. The FAO Food Price Index, which tracks a basket of globally traded food commodities, rose by 2.4 percent in March compared to February. For Ghana, the FAO’s warning has direct implications as higher global food and energy costs could push up prices of staples like maize, rice, and wheat, increasing the cost of living for households. Additionally, farmers may also face higher input costs, affecting local food production and supply. If the conflict persists, Ghana could face further inflationary pressures as fuel and food prices continue to rise.

Source: GhanaWeb April 06, 2026 16:27 UTC