Global food prices hit 2022 high in August
Global food prices reached their highest level since November 2022 in August, driven by extreme weather and geopolitical conflicts, according to the UN's FAO. Experts suggest the increase is short-term and not indicative of long-term food security issues.
Consensus
- The global food price index reached a record high in August 2025, the highest since November 2022.
- The increase in food prices is attributed to a combination of extreme weather and geopolitical conflicts.
- The UN's FAO reported a 2.5% year-on-year rise in the global food price index in August.
- Prices for wheat and sugar increased significantly in August compared to previous months and years.
- The FAO cited disruptions in export logistics in the Black Sea and adverse weather conditions as key factors.
Points of divergence
- The expert, Anastasia Prilakova, stated that the rise in food prices is short-term and not due to actual global grain shortages, noting that harvests in some regions are higher than in 2024 despite a 2% global decline in grain yield. — vesti
- Bloomberg reported a record 13% increase in food prices in August, the highest since 2012, which differs from the FAO's reported 2.5% year-on-year growth. — kommersant
Coverage (2 sources)
- Expert considers that the rise in global food prices is temporary — Вести
- UN: global food prices reached maximum since 2022 — Коммерсантъ