![]() ![]() ![]() The region’s central banks have aggressively raised interest rates in an effort to curb inflation. In Latin America, the damage from rising food prices may be deeper and more long-lasting, economists and policy makers have warned. The Philippines and some other Southeast Asian countries have also struggled with higher prices for vegetables and palm oil. In China, heavy rains have also hit top vegetable-growing provinces, deepening supply shortages that have arisen as the nation recovers from the effects of the pandemic. Is there any other option?," said Shanti Horo, a 41-year-old cook and single mother from New Delhi. “We manage by eating just rice, sometimes bread with sugar. ![]() Heavy rains in India in recent months have caused flooding and landslides, destroying crops and sending up the price of vegetables such as cauliflowers and onions. In Asia, where countries have generally experienced less inflation, bad weather has hit crops, leading to price increases in some places. estimates that tens of millions of people are malnourished or skipping meals. The rise has been particularly sharp in Latin America, where widespread inflation has pushed up the prices of most goods and the U.N. ![]() National governments and aid groups warn that the rise in food prices is translating into more hunger and malnutrition, especially for poor families already struggling with the other economic fallout of the Covid-19 pandemic. ![]()
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