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Since the last update on April 06, 2023, the agricultural, cereal, and export price indices closed 3 percent, 2 percent, and 8 percent higher respectively
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Domestic food price inflation remains high in almost all low-, middle-, and high-income countries.
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The Food and Agriculture Organization of the United Nations (FAO) benchmark index of international food commodity prices declined for the 12th consecutive month in March 2023—2.1 percent lower than in February 2023
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A recent blog from the International Food Policy Research Institute (IFPRI) discusses developments in biofuel production, provides arguments for and against the policies that support and promote it, and considers alternative mechanisms that could mitigate the impacts of such policies on food prices.
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A World Bank blog outlines a machine-learning method developed to track food prices in real time.
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The El Niño weather pattern could exacerbate the impacts of recent extreme weather events.
Year of publication | |
Geographic coverage | Global |
Originally published | 27 Apr 2023 |
Related organisation(s) | World Bank |
Knowledge service | Metadata | Global Food and Nutrition Security | Food security and food crises | Food and nutrition securityFood price crisis |
Digital Europa Thesaurus (DET) | agricultural marketinflationagricultural tradecerealsprice of agricultural produce |