2012-10-04

World Food Prices at 2008 Crisis Levels


FAO's index is below a peak of 238 points hit in February 2011, when high food prices helped drive the Arab Spring uprisings in the Middle East and North Africa, but current levels are very close to those seen in 2008 which sparked riots in poor countries.
http://finance.yahoo.com/news/world-food-prices-edge-sept-082921488.html?l=1


Thanks Bernanke.