Scientific Publication

COVID-19 and food inflation scares

author(s) Vos, Rob - Glauber, Joseph W. - Hernandez, Manuel A. - Laborde Debucquet, David
from CGIAR - Research Programs and Platforms
permalink open
themes
citation

Vos, Rob; Glauber, Joseph W.; Hernandez, Manuel A.; and Laborde Debucquet, David. 2022. COVID-19 and food inflation scares. In COVID-19 and global food security: Two years later, eds. John McDermott and Johan Swinnen. Part Two: Agricultural Production and Value Chains, Chapter 10, Pp. 64-72. https://doi.org/10.2499/9780896294226_10
COVID-19 and food inflation scares

Publications and datasets provided via GARDIAN

Abstract

Rising food prices during 2021 caused concern worldwide. In January, international prices for major food items climbed to a level near the heights of the global food price crises of 2007–2008 and 2010–2011, according to the FAO Food Price Index. International prices declined in the first months of the pandemic, following the initial lockdown measures that were imposed to contain the pandemic, but by October 2021, prices in international markets had risen by about 30 percent over March 2020 levels. In many countries, consumer prices for food also surged, generating fear that this could lead to rising food insecurity (see, for example, Gerard 2021).

Open original