The World Trade Organisation says ongoing pandemic-related supply chain problems are also hurting growth.
She added the global economy was "going to suffer some severe consequences", and said poorer countries would particularly feel the impact of the shortages, and "the supply constraints on food".have been affected following Russia's invasion of Ukraine.
Using Africa as an example, the former Nigerian finance minister said 35 of 55 countries there imported wheat and other grains from Russia and Ukraine and 22 imported fertiliser. As well as food prices surging, the cost of other commodities have hit record highs amid concerns the war and economic sanctions on Russia will lead to supply disruptions.
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