UP AL­MOST 32%

Finweek English Edition - - ECONOMIC TRENDS -

The lat­est rise in food prices means that, over the past year, they’re up a wor­ry­ing 31,9% yearon-year (in US dol­lar terms). That’s still well be­low the rate of in­crease in 2008, when global food prices rose by 69%, lead­ing to food ri­ots in var­i­ous parts of the world. How­ever, as re­cently as June last year global prices were in an­nual de­fla­tion.

World Food Price In­dex (monthly data)

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