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”
One response to “Get ready for food inflation”
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