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Food inflation rose to a 11-week high at 9.13 per cent for the week ended June 11 on rising prices of egg, meat and fish and milk.

After a year in which food inflation reached 10 per cent, the price of basic food items in Bangladesh increased in the first half of 2011, according to a recent Oxfam report.
The report said as a net food importer, Bangladesh depends on the international market for additional food imports, and changes in global prices are expected to have a local impact.

The food price hike in 2011 has forced the poor to work harder, eat less, live more frugally than ever before, and draw on any resources or assets that they have to cope with the situation.

It was revealed in a research report released on Wednesday by the Institute of Development Studies and Oxfam GB at the latter

India will leverage the global concerns over food security to seek technological assistance from the developed world to raise farm productivity in the developing countries at the ongoing meeting of agriculture ministers of G-20 nations in Paris.

The G20 meet in Paris will focus on various hedges against price instability in food articles and will also consider the use of emergency buffer stocks

Food prices will soar by as much as 30 per cent over the next 10 years, the United Nations and Organisation for Economic Co-operation and Development have predicted.

Angel Gurria, Secretary-General of the OECD, said that any further increase in global food prices, which have risen by 40 per cent over the past year, will have a

Global food prices are expected to be higher in the 2011-20 period compared with the previous decade and this could have a