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Food Price Inflation Imposing Heavy Burden on Poorer Countries
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wsj.comAcross 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
Food price rises around the world are result of ‘broken’ system, say experts theguardian.com /1 year ago
Britain imports no energy from Russia for first time on record theguardian.com /1 year ago
Ukraine war: Unease as country marks independence day six months since Russian invasion euronews.com /1 year ago
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