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High food costs will strain households well into 2024

Location:

INT

The UNFAO global food price index has fallen for 17 months but food prices remain far higher than 2013-20

Gulf states' food imports will rise

Location:

GULF STATES

Water constraints mean that Gulf countries have no option but to buy in food

Conflicts exacerbate African food insecurity

Location:

AFRICA

Several countries are at risk of famine, particularly in areas with ongoing fighting

High food and metals prices will outlast the conflict

Location:

INT

Russia accounts for 1.7% of world GDP but a sizeable share of supplies of fertiliser, fuels and some foods and metals

Ukraine crisis will have mixed impact on Latin America

Location:

LATIN AMERICA

The rise in global food and fuel prices and fertiliser shortages will hit the region hard, but a few may yet benefit

Western Europe’s inflation struggles will persist

Location:

WESTERN EUROPE

Energy prices have eased but inflationary pressures are afflicting a broader range of goods and services

Global tensions will spur value chains rethink

Location:

INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

US farm exports recover as China buys more soybeans

Location:

UNITED STATES

While US farm exports have been relatively stable over the last five years, sales to China have been more volatile

Ethiopia’s local conflicts will pose governance risks

Location:

ETHIOPIA

As attention focuses on developments at the national level, sub-national conflicts are boiling over

Latin America’s demographic dividend declines

Location:

LATIN AMERICA

Latin America is another region that is getting old before it gets rich