Higher food prices could bring increased instability - Freight News

24 May 2022 - Rising food prices, and the factors driving this phenomenon, present a great risk for the stability of sub-Saharan African countries. A new report by Oxford Economics Africa details some of the recent, and projected, food price increases across the region. In terms of inflation baskets, food has a heavier weighting in the baskets of African countries; in some cases, these exceed 25%.

Chris Hattingh

Rising food prices, and the factors driving this phenomenon, present a great risk for the stability of sub-Saharan African countries. A new report by Oxford Economics Africa details some of the recent, and projected, food price increases across the region. In terms of inflation baskets, food has a heavier weighting in the baskets of African countries; in some cases, these exceed 25%. 

Click on the link below to read the full article. 

Chris Hatting is Deputy Head of Campaigns at the Institute of Race Relations

https://www.freightnews.co.za/article/higher-food-prices-could-bring-increased-instability

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