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  • Publication | 2022

World Bank - Food Security Update - 29/07/2022

Highlights

  • The agricultural, cereal, and export price indices were stable over the past 2 weeks.

  • 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.

  • 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.

  • Seven countries are at greatest risk of overlapping food and debt crises: Afghanistan, Eritrea, Mauritania, Somalia, Sudan, Tajikistan, and Yemen.

  • Russia and Ukraine signed an agreement to free more than 20 million tonnes of grain stuck in Ukraine’s Black Sea ports.

  • The war in Ukraine threatens poor countries with overlapping food and debt crises.

  • The Horn of Africa is suffering its worst drought in more than 40 years.

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