Highlights:

• Since the last Update issued on August 11, 2022, the agricultural price index has remained relatively stable and is currently 1 point higher.

• Domestic food price inflation remains high around the world, with high inflation continuing in almost all low- and middle-income countries and the share of high-income countries with high inflation having increased sharply.

• Famine is projected to occur between October and December 2022 in three areas of Somalia’s Bay region.

• The flooding in Pakistan has exacerbated previously high levels of food insecurity.

• It is forecasted that 205.1 million people will be in food crisis or worse in 45 of the 53 countries/territories with data for 2021 and 2022.

• India, the world’s largest exporter of rice, recently imposed trade restrictions on certain types of rice.