Highlights: In 2024Q1, global domestic food price inflation was 4.9 percent, down from 5.7 percent in 2023Q4. Decreasing international prices of various agricultural commodities...
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Motivated by the deterioration in global food security conditions, this paper develops a parsimonious machine learning model to derive a multi-year outlook of global severe food insecurity from macro-economic...
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This report includes a Special Focus section that provides a preliminary assessment of the potential impact of the conflict in the Middle East on commodity prices. It finds that the effects of...
The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially...
Mild temperatures combined with sufficient rainfall since the start of the 2022-2023 season currently maintain a fair-to-positive yield outlook for winter crops in a major part of Ukraine. However, winter...
Russia’s invasion of Ukraine and its effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown in global growth. One key risk...