EPRS Admin By / June 6, 2022

graphs GW_Extra EU

Change in cost of food basket

Russia’s war on Ukraine has led to disruptions in food exports from Ukraine, Russia, and a number of other countries implementing policies to preserve their national food security. Compounded with previous rises in prices due to the coronavirus impacts and climate shocks, the FAO Food Price Index reached an all-time high in March 2022 and was still in April 2022 nearly 30 % above its April 2021 value. Eastern African countries which import 90 % – and Middle Eastern and North African countries over 50 % – of their cereals from Ukraine and Russia are among the most impacted. Higher prices and shortages also seriously affect food assistance to fragile countries.

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