Arif Husain Profile picture
Aug 25, 2022 17 tweets 8 min read Read on X
International food commodity prices are retreating but simply not enough to dent food inflation!
Hundreds of millions of people remain crippled by the toxic combination of tumbling currencies and high food inflation.
See evidence ⬇️🧵
@WFP @WFPVAM @WFP_Media @WFPChief
1/15 #Lebanon
2/15 #Zimbabwe
3/15 #Venezuela
4/15 #Sudan
5/15 #SriLanka
6/15 #Iran
7/15 #Ghana
8/15 #Laos
9/15 #Ethiopia
10/15 #Malawi
11/15 #Haiti
12/15 #BurkinaFaso
13/15 #Pakistan
14/15 #SierraLeone
15/15 #Egypt
And many, many more!!! We are certainly not out of the woods when it comes to the consequences of the global hunger crisis of our lifetimes!!!

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More from @WFPChiefEcon

Mar 4, 2022
Devastating consequences of Russian onslaught on #Ukraine are also felt in places far away! Grain & oil prices are fast approaching or even surpassing levels not seen since the 2008 food & fuel crisis.
Follow thread for commodity price comparison between 2008 & now! @WFP @WFPVAM
@WFP @WFPVAM 1) Wheat prices have surpassed 2008 levels. Ukraine and Russia account for 30 percent of global wheat exports. Image
@WFP @WFPVAM @WFP_Media 2) Corn or Maize prices have surpassed 2008 levels but slightly below 2012 levels. Ukraine and Russia account for about 20 percent of global corn exports. Image
Read 7 tweets

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