Global food prices soaring due to supply shocks, hitting poorer countries hardest

Food prices rising faster than overall inflation in most countries, with lower-income countries worse affected

U.S. food inflation at 5.7%, lower than UK's 17.5% but higher than China's 2.3%

Key drivers include India's rice export ban, crop disease and hurricanes affecting Florida orange juice

Russia's invasion of Ukraine disrupted grain and fertilizer markets, pushing up costs

238 million people in 48 countries now facing acute food insecurity, per World Bank report