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26.08 - 09:07
Food Price Inflation Imposing Heavy Burden on Poorer Countries
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Across the world, food prices are rising. But because households in lower-income countries typically spend a higher percentage of their income on food, the pain in those regions is often more extreme.Many agricultural prices soared in the run-up to Russia’s invasion of Ukraine, an agricultural heavyweight. Prices have fallen more recently, but lower costs won’t show up in grocery stores or market stalls for months.
By 2030, the Food and Agriculture Organization of the United Nations estimates that nearly 670 million people would be facing hunger—8% of the world’s population.
Read more on wsj.comAbout this in other media
Record eurozone inflation: Which countries in Europe are being worst hit as energy prices soar? euronews.com /2 years ago
U.K. Inflation Tops 10%, Underlining Gloomy Outlook for Europe wsj.com /2 years ago
Britain has been avoiding its biggest problems for decades. Now we’re paying the price theguardian.com /2 years ago
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