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over the previous year.
However, according to the latest Food Outlook report, the growth rate of global food import costs is expected to slow due to
rising food prices and the depreciation of national currencies against the US dollar.
Russia and Ukraine export about 30%
of the world's total wheat.
After the Ukraine crisis, global food prices rose, but now they have fallen
.
The cost of food imports in low-income countries remained largely unchanged, but imports fell by 10% compared to last year, indicating a growing problem with access to food in low-income countries
.
To ease the burden of soaring food import costs in low-income countries, the International Monetary Fund last month approved a new "food shock window" to provide emergency financing
to these countries.
of the world's total wheat.
After the Ukraine crisis, global food prices rose, but now they have fallen
.
The cost of food imports in low-income countries remained largely unchanged, but imports fell by 10% compared to last year, indicating a growing problem with access to food in low-income countries
.
To ease the burden of soaring food import costs in low-income countries, the International Monetary Fund last month approved a new "food shock window" to provide emergency financing
to these countries.
