Food prices have reached record levels according to the index
Food prices reached record levels in March, as expected, according to the UN Food and Agriculture Organization (FAO). The FAO Food Price Index hit an all-time high, a spokesman for the organization said Friday in Geneva. Particularly notable, he said, was the 12.6 percent increase in costs from February to March. That was the second-highest increase in the index's 70-year history, it said.

pixabay
Grains for bread in particular, as well as meat and vegetables, have become significantly more expensive, while rice, milk and sugar still remain comparatively affordable, it said. Although the impact of the Ukraine conflict cannot be precisely quantified, "there is no doubt that the war is playing an important role."
In light of this development, the United Nations pointed to the difficult situation of people in parts of Africa. In the Sahel and West Africa, food is not secure for some 40 million people, said a spokesman for the U.N. World Food Program (WFP). "The region is facing an unprecedented and very complex food crisis," he said./mrd/DP/ngu (dpa)
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
Other news from the department business & finance

Get the food & beverage industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.