In its latest Food Security Update, the World Bank highlights that domestic food price inflation remains high around the world.
Inflation remains high in nearly all low- and middle-income countries, and the share of high-inflation high-income countries is rising sharply.
The most affected countries are Africa, North America, Latin America, South Asia, Europe and Central Asia. In 81% of the 153 countries where both food CPI and headline CPI indices were available, real food price inflation exceeded headline inflation (measured as annual change in headline CPI).