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Food prices around the world remain high even with falling global prices of agricultural products. Core inflation, energy costs, processing, transportation, and labor costs, along with mergers in the food industry and a strong dollar, are factors that are creating high food prices.
A restaurant on the outskirts of Nairobi skimps on the size of its chapatis a flaky, chewy Kenyan flatbread to save on cooking oil. Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken from their diets because they can no longer afford meat. In Hungary, a cafe pulls burgers and fries off the…