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Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war

by AIP Online Bureau | Jan 7, 2023 | Eco/Invest/Demography

Last year, the U.N. organization’s Food Price Index hit the highest level since its records began in 1961, according to FAO data. Russia’s invasion of Ukraine in February exacerbated a food crisis because the two countries were leading global suppliers of...
Food prices hit record high in March, U.N. agency says

Food prices hit record high in March, U.N. agency says

by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, International News

Disruption to supplies of crops from the Black Sea region has exacerbated price rises in food commodities, which were already running at 10-year highs in the FAO’s index before the war in Ukraine due to global harvest issues. Sugar and dairy prices also rose...

Global food prices rose ‘sharply’ during 2021

by AIP Online Bureau | Jan 6, 2022 | Data, Eco/Invest/Demography

The consistently high cost of inputs, the ongoing global pandemic and ever more volatile climatic conditions “leave little room for optimism about a return to more stable market conditions even in 2022 The UN’s benchmark food and commodity prices index rose sharply on...
World food Prices to reach record high in 2021:UN

World food Prices to reach record high in 2021:UN

by Agencies | Nov 12, 2021 | Eco/Invest/Demography, International News, Policy

The analysis also points to a growing number of countries, currently 53, where households spend more than 60 per cent of their income on necessities such as food, fuel, Developing regions account for 40 per cent of the total and their food import bill is expected to...

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