Highlights
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The agricultural, cereal, and export price indices were stable over the past 2 weeks.
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Domestic food price inflation remains high around the world. High inflation continues in almost all low-income and middle-income countries, and the share of high-income countries with high inflation is also increasing sharply.
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In real terms, food price inflation exceeded overall inflation (measured as year-on-year change in the overall CPI) in 78.7 percent of the 160 countries for which food CPI and overall CPI indexes are both available.
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Seven countries are at greatest risk of overlapping food and debt crises: Afghanistan, Eritrea, Mauritania, Somalia, Sudan, Tajikistan, and Yemen.
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Russia and Ukraine signed an agreement to free more than 20 million tonnes of grain stuck in Ukraine’s Black Sea ports.
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The war in Ukraine threatens poor countries with overlapping food and debt crises.
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The Horn of Africa is suffering its worst drought in more than 40 years.

Year of publication | |
Geographic coverage | Horn of AfricaRussiaUkraineGlobal |
Originally published | 02 Aug 2022 |
Related organisation(s) | World Bank |
Knowledge service | Metadata | Global Food and Nutrition Security | Food security and food crises | Lower middle income countryFood and nutrition securityFood price crisis |
Digital Europa Thesaurus (DET) | agricultural marketagricultural tradecerealsprice of agricultural producewardrought |