Financial Times FT.com

Poor still hit by high food prices, says UN

By Javier Blas in London

Published: March 19 2009 02:02 | Last updated: March 19 2009 11:03

Local food prices in most developing countries have not fallen and, in some cases, continue to increase, despite the drop in global agricultural commodities prices, according to new data from the United Nations.

The UN’s Food and Agriculture Organisation’s findings show that poor countries continue to suffer the impact of high food prices. The blow was now compounded by sharply lower economic growth and remittances, said food aid officials.

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