fao food inflation hits 74
Last Updated : GMT 06:41:18
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*

fao food inflation hits 74 fao food inflation hits 74

 



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*

fao food inflation hits 74 fao food inflation hits 74

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
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