Tag: Food Price Index

• Thursday, April 14th 2011 - 21:01 UTC

  More people deeper in poverty as food prices soar 36%, says World Bank

  

  Driven in part by higher fuel costs connected to events in the Middle East and North Africa, global food prices are 36% above their levels a year ago and remain volatile, pushing people deeper into poverty, according to new World Bank Group numbers released Thursday.

• Friday, April 8th 2011 - 03:08 UTC

  FAO food prices index drops 2.9% in March but is still 39% over a year ago

  

  The FAO Food Price Index has dropped for the first time after eight months of continuous price spikes, FAO announced Thursday. The Index averaged 230 points in March 2011, down 2.9% from its peak in February, but still 37% above March 2010.

• Tuesday, March 8th 2011 - 00:04 UTC

  Food prices have soared most in Venezuela, Bolivia and Argentina

  

  Venezuela, Bolivia and Argentina are the three Latinamerican countries where food prices have climbed the most during the twelve months of 2010, according to official regional statistics.

• Thursday, March 3rd 2011 - 18:50 UTC

  Food prices increase in February for eighth consecutive month, says FAO report

  

  Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said on Thursday. FAO expects a tightening of the global cereal supply and demand balance in 2010/11

• Tuesday, February 8th 2011 - 17:49 UTC

  Rate hikes expected in Brazil and Chile as global commodity prices drive inflation

  

  Global commodity prices continue to be the main driver of inflation in both Brazil and Chile, according to the latest Latin America update report from Capital Economics.

• Wednesday, February 2nd 2011 - 00:22 UTC

  Lack of jobs, rising food and energy prices could lead to spark war within nations

  

  The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned.

• Monday, January 31st 2011 - 21:30 UTC

  FAO, IMF anticipate more civil unrest and protests because of soaring food prices

  

  North Africa and Middle East civil unrest can be expected to spread to several other countries if as anticipated the FAO Food Prices Index for January 2011 confirms the December 2010 tendency when the “basket” of food staples reached a new peak.

• Monday, October 4th 2010 - 22:40 UTC

  Zoellick calls for the reinstatement of emergency food aid program

  

  World Bank president Robert Zoellick expressed concern about the renewed speculation with agriculture commodities which in the last months have seen prices of food in developing countries soar

• Wednesday, September 1st 2010 - 19:08 UTC

  Wheat prices drive FAO food prize index at its highest since September 2008

  

  Surging wheat prices drove international food prices up 5% last month in the biggest month-on-month increase since November 2009, FAO announced. The FAO Food Price Index (FPI) averaged 176 points in August, up nearly nine points from July, FAO said in its latest update on the global cereals supply and demand situation.