Food Price Watch, March 2013: The Link Between High Prices and Global Obesity
- International food prices dropped between October 2012 and February 2013 but remain close to their all-time peak.
- Extreme weather events and rising oil prices create uncertainties.
- Obesity is on the rise throughout the world and high food prices could excacerbate this trend.
Prices of internationally traded food continued to drop between October 2012 and February 2013. That makes for six months of consecutive declines. Lower demand in tight international markets and improved supply conditions have contributed to these price falls.
Still, international food prices remain only 9 percent below the all-time high recorded in August 2012, and several uncertainties on both supply and demand sides still threaten international markets. Seasonal factors, domestic policies, and other local circumstances are interacting to maintain strong domestic prices in many monitored markets.
Even in this context of high food prices, the current global overweight and obesity epidemic is likely to expand. This will present even more challenges to the post-2015 efforts to reduce global malnutrition.
As food prices remain high and volatile, unhealthy calories tend to be cheaper than healthy ones. This is the case of junk food in the developed world, but also of less nutritious food substitutes in poor households in developing countries.
The World Bank's Food Price Index
International prices remain vulnerable to several uncertainties such as extreme weather and rising oil prices. Domestic prices, meanwhile, continued to follow expected seasonal patterns in most regions during the three-month period.
Even in a world of high and volatine food prices, overweight and obesity constitute a global epidemic. The prevalence and numbers of people affected by overweight and obesity have increased in the last three decades, during both periods of low and high international food prices.
In fact, as food prices remain high and increasingly volatile, unhealthy calories tend to be cheaper than healthy ones. So as one malnutrition problem, undernourishment, is falling, overweight and obesity are on the rise.
The current multilateral discussions on the post-2015 Millennium Development Goals (along with the United Nations high-level meeting on the prevention and control of noncommunicable diseases) offer an unprecedented opportunity for integrating global and national collective action to fight all forms of malnutrition, from stunting to obesity.
Click here to access the March 2013 issue of Food Price Watch.