Is food price inflation really subsiding?
Almost a year after the February 2022 Russian invasion of Ukraine, fears of a period of sustained high global food prices have subsided somewhat, but eight major concerns for food security remain. First, prices for food commodities remain high by historical standards. As shown in Figure 1, the UN’s...
| Main Authors: | , , |
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| Format: | Book Chapter |
| Language: | Inglés |
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International Food Policy Research Institute
2023
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/140091 |
| _version_ | 1855535421292806144 |
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| author | Vos, Rob Glauber, Joseph W. Laborde Debucquet, David |
| author_browse | Glauber, Joseph W. Laborde Debucquet, David Vos, Rob |
| author_facet | Vos, Rob Glauber, Joseph W. Laborde Debucquet, David |
| author_sort | Vos, Rob |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Almost a year after the February 2022 Russian invasion of Ukraine, fears of a period of sustained high global food prices have subsided somewhat, but eight major concerns for food security remain. First, prices for food commodities remain high by historical standards. As shown in Figure 1, the UN’s Food and Agriculture Organization (FAO) index for internationally traded food commodities, after rising during the initial months of the war, is now back to its pre-war, end of 2021 level — but still remains well above levels of preceding years. This holds for all main components of the index (cereals, meat, dairy, vegetable oils, and sugar). Vegetable oil prices showed the strongest decline in the second half of 2022, falling by 33% between June and December, but still are one-third above pre-COVID levels. |
| format | Book Chapter |
| id | CGSpace140091 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1400912025-11-06T04:13:47Z Is food price inflation really subsiding? Vos, Rob Glauber, Joseph W. Laborde Debucquet, David foods shock policies war coronavirus covid-19 commodities stocks agriculture markets trade coronavirinae russia food security ukraine planting conflicts coronavirus disease prices climate change Almost a year after the February 2022 Russian invasion of Ukraine, fears of a period of sustained high global food prices have subsided somewhat, but eight major concerns for food security remain. First, prices for food commodities remain high by historical standards. As shown in Figure 1, the UN’s Food and Agriculture Organization (FAO) index for internationally traded food commodities, after rising during the initial months of the war, is now back to its pre-war, end of 2021 level — but still remains well above levels of preceding years. This holds for all main components of the index (cereals, meat, dairy, vegetable oils, and sugar). Vegetable oil prices showed the strongest decline in the second half of 2022, falling by 33% between June and December, but still are one-third above pre-COVID levels. 2023 2024-03-14T12:08:54Z 2024-03-14T12:08:54Z Book Chapter https://hdl.handle.net/10568/140091 en https://doi.org/10.2499/9780896294394 https://www.ifpri.org/blog/food-price-inflation-really-subsiding Open Access application/pdf International Food Policy Research Institute Vos, Rob; Glauber, Joseph W.; and Laborde Debucquet, David. 2023. Is food price inflation really subsiding? In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde Debucquet. Section One: A Conflict with Global Consequences, Chapter 9, Pp. 48-51. https://doi.org/10.2499/9780896294394_09. |
| spellingShingle | foods shock policies war coronavirus covid-19 commodities stocks agriculture markets trade coronavirinae russia food security ukraine planting conflicts coronavirus disease prices climate change Vos, Rob Glauber, Joseph W. Laborde Debucquet, David Is food price inflation really subsiding? |
| title | Is food price inflation really subsiding? |
| title_full | Is food price inflation really subsiding? |
| title_fullStr | Is food price inflation really subsiding? |
| title_full_unstemmed | Is food price inflation really subsiding? |
| title_short | Is food price inflation really subsiding? |
| title_sort | is food price inflation really subsiding |
| topic | foods shock policies war coronavirus covid-19 commodities stocks agriculture markets trade coronavirinae russia food security ukraine planting conflicts coronavirus disease prices climate change |
| url | https://hdl.handle.net/10568/140091 |
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