Expensive foodAccording to the World Bank, domestic food price inflation remains high in many low- and middle-income countries. In real terms, food price inflation exceeded overall inflation in 59.8 percent of the 164 countries where data are available. It is projected that food prices will decrease by four percent in 2025 before stabilizing in 2026. The latest Hunger Hotspots Report by the Food and Agriculture Organization (FAO) of the United Nations and the World Food Program (WFP) warns of worsening acute food insecurity in 16 hunger hotspots (covering 22 countries and territories) that will require urgent action between now and May 2025. The Alliance has developed the publicly accessible Global Food and Nutrition Security Dashboard, which provides timely information for global and local decision-makers to help improve coordination of the policy and financial response to the food crisis.

Source: Philippine Star November 21, 2024 22:06 UTC