Food and Security Update

The agricultural, cereal, and export price indices were stable over the past 2 weeks.

Domestic food price inflation remains high around the world. High inflation continues in almost all low
income and middleincome countries, and the share of highincome countries with high inflation is also
increasing sharply.

Russia and Ukraine signed an agreement to free more than 20 million tonnes of grain stuck in Ukraine’s Black
Sea ports.

The war in Ukraine threatens poor countries with overlapping food and debt crises.

The Horn of Africa is suffering its worst drought in more than 40 years.