November 18, 2024
World Bank Response to Rising Food Insecurity
Domestic food price inflation remains high in many low- and middle-income countries. Inflation higher than 5% is experienced in 70% of low-income countries (6.2 percentage points lower), 47.8% of lower-middle-income countries (3. percentage points lower), 36% of upper-middle-income countries (2.0 percentage points lower), and 9.1% of high-income countries (0.2 percentage points higher). In real terms, food price inflation exceeded overall inflation in 59.8% of the 164 countries where data is available.
Read More
