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94.1% of low-income countries, 92.9% of lower middle-income countries and 89% of upper middle-income countries have recorded inflation levels above 5%, with many experiencing double-digit inflation.
The proportion of high-income countries with high food price inflation has risen to 87.3%. The most affected countries are in Africa, North America, Latin America, South Asia, Europe, and Central Asia.
Since the last update on december 13, 2022, agricultural, grain and export prices have remained relatively stable.
The agricultural index closed at the same level, the export index was 1% higher and the grain index 1% lower.
Corn and rice prices are 8% and 13% higher than in january 2022, and wheat prices are 2% lower.
Corn and wheat prices are 27% and 13% higher, than, in january 2021, and rice prices are 10% lower.
The Financial Flows and Food Crises Report 2022, published by the Global Food Crisis Network, highlights that countries experiencing food crises receive the most humanitarian funding.
Translated by: A.M