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Ag Commodity Index Surges 13%, Biggest Jump Since 2022, Stoking Inflation Fears
Capital.grLO·about 13 hours ago
The Piraeus agricultural products index rose 3.98%, driven by climate and geopolitical risks affecting wheat, corn, soybeans, and sugar. The increase reflects supply concerns, but the specific drivers and duration remain uncertain. This signals potential inflationary pressure in food commodities.