Soaring Food Prices Across The World

As America's soaring food prices continues, other countries' food prices grow along. According to The Daily Signal, the soaring prices in groceries seems to not be a main concern for President Joe Biden. Despite 30% increased in food prices under President Biden's term, President Joe Biden stated that people have money to pay such elevated prices. 

In Japan, the drop in Japanese Yen's value contributed much to the rise of food prices and inflation. Despite the rise in food prices showed signs slowing down in April, the prices for services (Hair Saloon, Nail Saloon, Rent, etc) are showing signs of increasing.  

 

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