Part OneCCORDING to the preliminary results of the Global Alliance on Improved Nutrition (GAIN) study on the potential impacts on consumers in the 10 African and Asian countries (Bangladesh, Ethiopia, India, Indonesia, Kenya, Mozambique, Nigeria, Pakistan, Rwanda, and Tanzania), food price changes were examined (in percentage terms) over the 2.5-month period from February 14 (pre-pandemic) to April 30 2021.The results presented indicated that, “Out of 136 country-food combinations, 118 showed price increases. The average change was a 6.4 percent increase in price, with every country showing a price increase for at least eight of the 14 foods examined (fish, bananas, bread, eggs, sweet potatoes, beef, chicken, onions, oranges, potatoes, milk, rice, and tomatoes, maize meal). The greatest average price increases were seen in Rwanda (a frightening 23.5 percent), Tanzania (12 percent), and Mozambique (10 percent) and the smallest in Nigeria and Bangladesh (under two percent).Rwanda, for example, imposed a strong and strict lockdown earlier than […]
THE IMPACT OF COVID-19 ON FOOD PRICES ACROSS THE GLOBE
