Global food prices rose 33% in September 2021, here are the reasons
Published Oct 1, 2021
Tridge summary
In September 2021, food prices soared by almost 33%, according to the monthly food price index of the Food and Agriculture Organization of the United Nations (FAO). A BBC Mundo report took as a reference the average prices between 2002 and 2004, to keep track of food prices and evaluate the reasons behind this global phenomenon. Fuel prices, bad weather and COVID-19 The text detailed that the prices of different products rise and fall based on universal factors, as well as those that are specific to each product and region. The rise in the price of oil, for example, which began in 2020, affected the costs of all food products in the FAO index, by raising the costs of food production and transportation.
Original content
In September 2021, food prices soared by almost 33%, according to the monthly food price index of the Food and Agriculture Organization of the United Nations (FAO). A BBC Mundo report took as a reference the average prices between 2002 and 2004, to keep track of food prices and evaluate the reasons behind this global phenomenon. Fuel prices, bad weather and COVID-19 The text detailed that the prices of the different products rise and fall based on universal factors, as well as those that are specific to each product and region. The rise in the price of oil, for example, which began in 2020, affected the costs of all food products in the FAO index, by raising the costs of food production and transportation. "The labor shortage as a result of the COVID-19 pandemic has reduced the availability of workers to grow, harvest, process and distribute food, another universal reason for the rise in product prices," said Alastair Smith , Senior Sustainable Development Researcher at the ...
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