The cost of food will remain high for at least a decade, the UN Food and Agriculture Organisation and the Organisation for Economic Co-operation and Development have warned.

Food prices would ease gradually but “most agricultural commodity prices over the next 10 years will still exceed the average of the previous decade by 10% to 50%,” a UN and OECD report said.

Meanwhile, food prices have increased 5.8% since the beginning of the year, Verdict Research has claimed. The figure was based on a basket of 100 grocery items.