Food Outlook

According to FAO's latest forecasts, the world food import bill is expected to reach a new record this year. However, it is predicted to grow at a slower pace, as rising world prices, driven by higher quotations for fruits, vegetables, sugars, and dairy products, are dampening demand, particularly in the most economically vulnerable countries.

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According to FAO's latest forecasts, the world food import bill is expected to reach a new record this year. However, it is predicted to grow at a much slower pace compared to last year, as rising world prices, driven by higher quotations for fruits, vegetables, sugars, and dairy products, are dampening demand, particularly in the most economically vulnerable countries.