Arab Today, arab today fao food inflation hits 74
Last Updated : GMT 21:43:14
Arab Today, arab today
Arab Today, arab today

FAO: food inflation hits 7.4%

Arab Today, arab today

Arab Today, arab today FAO: food inflation hits 7.4%

Santiago - Xinhua

The inflation for food items in Latin America and the Caribbean reached 7.4 percent in May this year, the United Nations Food and Agriculture Organization said Friday. The sharp rise in the regional prices in May was attributed to an even sharper increase in food prices which on a world wide basis rose 37 percent in May compared to world food prices in May 2010, the FAO said in a report from its regional headquarters in Chile. The May figures are consistent with the upward trend in food prices in the last three months across many countries in the regions, including Chile, Ecuador, El Salvador, Honduras, Mexico, Nicaragua, Panama and Uruguay. But some countries like Argentina, Bolivia, Brazil and the Dominican Republic showed little change while food inflation in countries like Costa Rica and Venezuela went down. \"The behavior of the food inflation have varied a lot from one country to another but all the governments in the region are aware of the need to confront the volatility and the rising prices,\" said FAO delegate Fernando Soto Baquero. The governments of most countries in the region have therefore established a \"political dialogue\" with the FAO, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), and the Inter-American Institute for Agricultural Cooperation (IICA), said Soto. Governments in Central America, the Caribbean and South America all share a common goal of trying to establish a forum in which they can collaborate on how to face the situation of food inflation, which has hit the poorest and most socially vulnerable groups in all the countries the hardest. \"The (high) food prices should serve as a principal incentive to agricultural producers in order for them to try to increase their production as part of the instruments to bring the food inflation under control,\" said Soto. He also said there was a need to intensify the inter-regional food trade, to support the traditional family-based subsistent agriculture, strengthen the development banks\' possibility for offering financing and improve the social protection systems.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fao food inflation hits 74 Arab Today, arab today fao food inflation hits 74

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fao food inflation hits 74 Arab Today, arab today fao food inflation hits 74

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday