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Inflation Invasion? Thailand takes on higher global food and fuel prices

Frederico Gil Sander's picture

Higher prices have been making headlines in Thailand. Although wages and farm incomes are up, so are the prices of eggs, milk and fried rice. I am definitely feeling the pinch: the price of my favorite beverage—coconut water—has surged following a beetle infestation.

As prices go up, so does the pressure on the government to reign in the spiraling cost of living. But as we discussed in the recently released Thailand Economic Monitor - April 2011, the current inflation challenge is especially tough to tackle.

China’s food prices – why have they trended up and what lies ahead?

Louis Kuijs's picture
China’s food prices – why have they trended up and what lies ahead?

(Available in Chinese)

Food prices have received a lot of attention recently. Understandably, much of the attention is on recent developments and short term prospects. But in this blog post I try to look back at some longer term trends, in order to look further ahead.

Since the early 2000s, food related prices have trended up (Figure 1). The deflator of agricultural value added has risen 8% per year on average since 2000, after falling during the second half of the 1990s. Producer Price Index (PPI) food prices (factory gate) have risen much less because prices of other inputs into the food processing industry have gone up less and rapid productivity growth in food processing has dampened the transmission of higher raw food prices.

The next food crisis - is it coming?

Ivailo Izvorski's picture

Remember the food and fuel crisis that preceded the global economic and financial meltdown? Many in the advanced economies have long forgotten it; people in developing countries have very vivid memories. Are we about to relive the crisis? 

Indonesia: Bio-gas project keeps pig farm waste from going to waste

Nia Sarinastiti's picture

Pig farmers in Nias pull a 'waste disappearing act' by converting manure into useable energy.
At one of my trips to Nias, Indonesia, I discovered that a pig pen can actually be so clean without any spot of dirt or waste. It was something I have never imagined after seeing pig farms that have mud (of all kinds all) all over the place. You can imagine what it would look like, right?

The clean pig pen I saw was in the village of Tetehosi, Idanagawo sub-district owned by a farm group with the name Ternak Harapan Maju which means, “Farm Hopes to Progress.” The pen is managed by priest Sabar Markus Lase, not only because he knows about pig farming, but also because the pig pen is in the backyard of the church.

Picture the figures of the food crisis

Claudia Gabarain's picture

Using data from the Food and Agriculture Organization (FAO) and the OECD, BBC News online created some interesting graphics showing the impact of and factors in the current food crisis. They include a 30-year look at food commodity prices, US ethanol production, world population growth, changing eating habits, and demand for biofuels among others. Worth a look.

Rising food prices and East Asia: trends and options

Milan Brahmbhatt's picture

Soaring food prices have suddenly become a major concern for policy makers in East Asia.  The price of rice - which provides one third of the region's caloric intake - is a particular worry.  Rice prices have been moving higher since around 2004, although this was from very depressed levels in the early years of the decade.  Prices surpassed $300 a ton in early 2006 for the first time since the late 1990s, kept moving higher, and then took off at an accelerating pace from late 2007:  up 11 percent in the the fourth quarter, then 56 percent in the first quarter of 2008 an