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Moreover, many of these countries are suffering from double-digit inflation. In addition, 80.4% of high-income countries have high rates of food price inflation. In real terms, food price inflation exceeded headline inflation by 84.5% in 161 countries where data are available.
Agricultural, cereal and export price indices were down by 4%, 3% respectively, compared to two weeks ago.
Wheat prices recorded a significant 11% decline compared to two weeks ago, while rice and corn prices remained relatively stable.
On a year-on-year basis, maize and wheat prices are 25% and 55% lower, respectively, and rice prices are 13% higher.
Since the september 2022 edition, El Salvador, Lebanon and Nicaragua have been added to the list of countries considered hunger hotspots.
The Central African Republic is among those of major concern. In all of these hotspots, there are many people going through Integrated Food Security Phase 4 (emergency).
This is in addition to worsening factors that could intensify life-threatening conditions in the coming months.
Translated by: A.M