While global prices, as measured by the Food and Agriculture Organization (FAO) Food Price Index, have dropped by 11.7% since February 2022,3 ActionAid’s new research finds that prices in local communities in the Global South have increased manyfold.
Compared to February 2022, local communities are facing average price increases of:
• 101% for wheat;
• 119% for pasta;
• 59% for sugar;
• 98% for water;
• 57% for cooking oil;
• 47% for cooking gas;
• 80% for petrol;
• 118% for fertilizer;
• 83% for sanitary pads.