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AAP
AAP
Business
Liv Casben

UNCOVERED: Export restrictions push up food prices | History Defined

The latest ABARES report shows food prices have increased 65 per cent in the past two years. (AAP)

Export restrictions in about 24 countries globally are pushing up prices and increasing food insecurity, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.

The latest ABARES Insights report showed food prices have increased 65 per cent in the past two years, and reached their highest level since October 2012.

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