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Food policy monitoring in the Near East and North Africa region. 1st Quarter 2024 | Bulletin

Gender equality and women’s empowerment for inclusive food systems transformation

Copyright licence

Year of publication 2024

Place of publication Cairo, Egypt ;

Pages 40 p.

Author FAO

Publisher FAO ;

Category Bulletin

Synopsis (short abstract) Global food prices have continued their downward trend in recent months, falling back almost a third from their peak in 2022 by February 2024. International wheat and corn prices have also eased, though they still remain above their pre-COVID levels; however, international rice prices have been climbing to new heights recently. Inflation continues to ease in most regional economies; the IMF (International Monetary Fund)forecasts a 14.4 percent inflation for the Near East and North Africa (NENA) region for 2024. Domestic staple food prices remain elevated in the region: the food consumer price index was approximately 11 percent at the beginning of March 2024. However, in most countries of the region, prices exhibit a steady or decreasing trend, with the exception of Jordan, Libya, Mauritania, Oman, the Sudan and the United Arab Emirates, where they exhibit a moderate acceleration.

Language English

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