What’s behind spike in food prices? | Inside Story

For many, 2021 offered a hope of some return to normality. But as countries pushed to reopen after months of lockdowns, economists began to warn of a new looming crisis: the rising cost of food. The UN food agency says prices jumped 28 percent during the year, reaching their highest level since 2011. In December they eased slightly, but before that had been climbing for four months in a row. The surge is being blamed on a number of factors, including supply chain bottlenecks and increased costs for raw materials and energy. What will it take to bring prices down? Presenter: Kim Vinell Guests: Jane Battersby, Senior Lecturer in the Department of Environmental and Geographical Science at University of Cape Town. Abdolreza Abbassian, Senior Economist at the United Nations Food and Agriculture Organization. Dipa Sinha, Professor of Economics at Ambedkar University Delhi. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #InsideStory #Food
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