Africa

The 4 factors driving food price increases in Africa

Policy-makers could use reforms to make agricultural inputs such as seeds and fertilizers cheaper. Image: Unsplash/Paz Arando

Cedric Okou

Economist in the Research Department, IMF

John Spray

Economist in the Asia Pacific Department, IMF

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Africa

A bar chart showing drivers of food prices in Africa.
When a country’s net import dependence increases by 1 percent, the local real cost of a highly imported staple is expected to increase by an additional 0.2 percent. Image: IMF.

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Related topics:

AfricaFinancial and Monetary SystemsAgriculture, Food and Beverage

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