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Higher food prices help fuel 40 per cent jump in global hunger – UN agency

London, UK
Reuters

Acute food insecurity has soared 40 per cent this year as recent food price hikes have exacerbated existing pressures from conflict, climate change and the COVID-19 pandemic, the United Nations World Food Programme said.

Defined as any lack of food that threatens lives, livelihoods or both, acute food insecurity is impacting, or is at high risk of impacting, a record 270 million people this year, the UN agency said.

Italy Rome WFP HQ

A man walks past a logo of the World Food Program at their headquarters after the WFP won the 2020 Nobel Peace Prize, in Rome, Italy, on 9th October. PICTURE: Reuters/Remo Casilli/File photo.

“High food prices are hunger’s new best friend,” said WFP Chief Economist Arif Husain.

“We already have conflict, climate and COVID-19 working together. Now food prices have joined the deadly trio,” he added.

The WFP said average wheat flour prices in Lebanon have risen 219 per cent year-on-year amid accelerating economic turmoil, while cooking oil prices have soared 440 per cent versus a year ago in war-devastated Syria. 

On internationally traded markets, world food prices were up 33.9 per cent year-on-year in June, according to the U.N food agency’s price index, which measures a basket of cereals, oilseeds, dairy products, meat and sugar.

However, they did fall in June versus May, the first such decrease in 12 months.

After declining for several decades, world hunger has been on the rise since 2016.

The WFP, which was awarded the Nobel Peace Prize last year, says around 690 million people or nine per cent of the world’s population go to bed hungry each night. 

It is targeting 139 million people for assistance this year, the biggest operation in its history.

 

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