Get ready for food inflation

Some stats from a recent article on a growing rice shortage.

• 33% Rise since January in price paid by Philippines for rice from Vietnam
• 3 billion People worldwide who rely on rice as a staple food
• 40% Rise in rice price in Thailand this year
• 19.2% Rise in consumer prices in Vietnam last month, against March 2007
• 8.4% Rise in food prices in the Philippines last month, compared with March 2007
• 854 million Number of people worldwide who are “food insecure”
• 1 billion People globally who survive on less than $1 a day, defined as “absolute poverty”