Global food prices have risen for the twelfth month in a row, (39.7 percent in May from a year earlier), the highest since September 2011, according to the latest figures from the UN Food and Agriculture Organization (FAO). There are concerns that China, the world’s largest food importer, will face a food crisis.
According to a report released by the FAO on June 3, the average food price index in May was 127.1 points, up 4.8 percent from April and 39.7 percent higher than May 2020. It is only 7.6 percent below the peak of 137.6 that occurred in February 2011.