• Latest
  • Trending
Bolivia’s Alarming Food Inflation: Impact on Agriculture and Economic Stability

Bolivia’s Alarming Food Inflation: Impact on Agriculture and Economic Stability

November 21, 2024
The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

September 4, 2025
Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

September 4, 2025
Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

September 3, 2025
Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

September 3, 2025
Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

September 2, 2025
First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

September 2, 2025
Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

September 1, 2025
The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

August 31, 2025
The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

August 31, 2025
Mobilizing a Nation: Mongolia’s Unconventional Strategy to Secure Its Harvest

Mobilizing a Nation: Mongolia’s Unconventional Strategy to Secure Its Harvest

August 30, 2025
Cracking the Code: Understanding and Preventing Carrot Fractures for Optimal Yield

Cracking the Code: Understanding and Preventing Carrot Fractures for Optimal Yield

August 30, 2025
The August Mistake: Why Premature Harvest Robs Root Crops of Weight and Nutrients

The August Mistake: Why Premature Harvest Robs Root Crops of Weight and Nutrients

August 29, 2025
  • Company
Friday, September 5, 2025
Vegetables News
  • NEWS
    The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

    The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

    Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

    Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

    Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

    Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

    Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

    Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

    Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

    Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

    First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

    First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

    Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

    Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

    The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

    The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

    The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

    The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    Israel’s Water Crisis Reaches Breaking Point: Agriculture Bears Brunt of Unprecedented Drought

    Israel’s Water Crisis Reaches Breaking Point: Agriculture Bears Brunt of Unprecedented Drought

    Kazakhstan’s Agri-Strategic Pivot: A Data-Driven Shift from Wheat to Value-Added Crops

    Kazakhstan’s Agri-Strategic Pivot: A Data-Driven Shift from Wheat to Value-Added Crops

    Pushing the Climate Envelope: Kaliningrad Farmer Targets 15-Ton Watermelon Harvest

    Pushing the Climate Envelope: Kaliningrad Farmer Targets 15-Ton Watermelon Harvest

    Hungary’s Sour Cherry Crisis: Frost Decimates Harvest While Global Demand Soars

    Hungary’s Sour Cherry Crisis: Frost Decimates Harvest While Global Demand Soars

    Cabbage Compound Breaks Down Dental Plaque by 90% – A Game Changer for Oral Health and Agriculture

    Cabbage Compound Breaks Down Dental Plaque by 90% – A Game Changer for Oral Health and Agriculture

    Winter Warriors: The Cold-Hardy Vegetables That Defy Frozen Soil and Keep Growing

    Winter Warriors: The Cold-Hardy Vegetables That Defy Frozen Soil and Keep Growing

    Tula Region Showcases Agricultural Drones at ‘Future Technologies’ Forum: How UAVs Are Revolutionizing Farming

    Tula Region Showcases Agricultural Drones at ‘Future Technologies’ Forum: How UAVs Are Revolutionizing Farming

    Breaking Boundaries: Sakhalin Farmer Successfully Grows Watermelons in Russia’s Far North

    Breaking Boundaries: Sakhalin Farmer Successfully Grows Watermelons in Russia’s Far North

    Frost Wipes Out 95% of Kuban’s Blueberry Crop: A Cautionary Tale of Climate Risks

    Frost Wipes Out 95% of Kuban’s Blueberry Crop: A Cautionary Tale of Climate Risks

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
  • NEWS
    The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

    The 1.6 Kg Beetroot: Analyzing a Backyard Anomaly and Its Lessons for Commercial Production

    Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

    Precision and Pace: A Case Study in Efficient Sugar Beet Harvesting at Progress-Vertelishki

    Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

    Belarus’ Ambitious Target: Breaking the 5 Million Ton Sugar Beet Barrier in 2025

    Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

    Kuban’s Beet Harvest Surpasses 1.5M Tons: A Deep Dive into Yield Disparities and the Domestic Seed Revolution

    Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

    Bashkiria’s Sugar Beet Boom: Decoding a Record 478 c/ha Yield and Its Impact on Processing

    First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

    First Sugar of the Season: Zainsk Plant Launches 24/7 Campaign with 8k Tonne Daily Capacity

    Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

    Seed Sovereignty: How Jeju Island is Breaking Free from Foreign Carrot Seed Dependence

    The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

    The August Advantage: How Potassium-Phosphate Nutrition Unlocks Unprecedented Carrot Quality and Yield

    The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

    The Final Countdown: How Three Weeks of Strategic Nutrition Can Transform Your Carrot Harvest

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    Israel’s Water Crisis Reaches Breaking Point: Agriculture Bears Brunt of Unprecedented Drought

    Israel’s Water Crisis Reaches Breaking Point: Agriculture Bears Brunt of Unprecedented Drought

    Kazakhstan’s Agri-Strategic Pivot: A Data-Driven Shift from Wheat to Value-Added Crops

    Kazakhstan’s Agri-Strategic Pivot: A Data-Driven Shift from Wheat to Value-Added Crops

    Pushing the Climate Envelope: Kaliningrad Farmer Targets 15-Ton Watermelon Harvest

    Pushing the Climate Envelope: Kaliningrad Farmer Targets 15-Ton Watermelon Harvest

    Hungary’s Sour Cherry Crisis: Frost Decimates Harvest While Global Demand Soars

    Hungary’s Sour Cherry Crisis: Frost Decimates Harvest While Global Demand Soars

    Cabbage Compound Breaks Down Dental Plaque by 90% – A Game Changer for Oral Health and Agriculture

    Cabbage Compound Breaks Down Dental Plaque by 90% – A Game Changer for Oral Health and Agriculture

    Winter Warriors: The Cold-Hardy Vegetables That Defy Frozen Soil and Keep Growing

    Winter Warriors: The Cold-Hardy Vegetables That Defy Frozen Soil and Keep Growing

    Tula Region Showcases Agricultural Drones at ‘Future Technologies’ Forum: How UAVs Are Revolutionizing Farming

    Tula Region Showcases Agricultural Drones at ‘Future Technologies’ Forum: How UAVs Are Revolutionizing Farming

    Breaking Boundaries: Sakhalin Farmer Successfully Grows Watermelons in Russia’s Far North

    Breaking Boundaries: Sakhalin Farmer Successfully Grows Watermelons in Russia’s Far North

    Frost Wipes Out 95% of Kuban’s Blueberry Crop: A Cautionary Tale of Climate Risks

    Frost Wipes Out 95% of Kuban’s Blueberry Crop: A Cautionary Tale of Climate Risks

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
Vegetables News
Home Market

Bolivia’s Alarming Food Inflation: Impact on Agriculture and Economic Stability

by Tatyana Ivanovich
November 21, 2024
in Market, News
0
Bolivia’s Alarming Food Inflation: Impact on Agriculture and Economic Stability

In the first ten months of 2024, Bolivia has experienced significant food inflation, with the food price index increasing by 8.86%. This surge, particularly marked by a troubling 2.80% rise in October, is the highest observed in over 25 years, signaling potential instability in the agricultural market and food security.

According to Luis Fernando Romero Torrejón, president of the Departmental College of Economists in Tarija, this rise in the Consumer Price Index (CPI) for food reflects the most severe inflationary pressures since 2013, when the inflation rate reached 10.37%. As of October, Bolivia ranks as the third most inflationary country in Latin America, following Argentina and Venezuela, with a CPI of 7.26% and an annual inflation rate of 7.94%.

A Sharp Increase in Food Prices

The month of October saw a particularly steep rise in food prices, with food and non-alcoholic beverages increasing by 3.60%, the highest among all categories. This surge is a direct result of both domestic factors and regional economic dynamics. For instance, inflation was relatively stable earlier in the year, with food prices even experiencing deflation in January (-0.23%). However, the October spike contrasts sharply with these earlier trends and highlights a broader, sustained inflationary pattern that began in 2023.

One of the main drivers of the increase is the higher cost of imported goods, exacerbated by the economic shifts in neighboring countries. The policies of new leadership in Argentina, notably under Javier Milei, have led to reverse smuggling—where food is now leaving Bolivia to be sold at better prices in neighboring nations. This has disrupted Bolivia’s food supply chain, increasing scarcity and driving up prices for key agricultural commodities.

The Agriculture Sector and Vulnerable Households

The agricultural sector, which provides the backbone of the country’s food supply, is under considerable pressure due to rising costs. Farmers are facing increased input costs, such as fertilizer, labor, and transport, alongside diminished purchasing power from local consumers. For households, particularly in rural and low-income areas, the rising cost of food has made it increasingly difficult to afford basic necessities, amplifying food insecurity. This situation is compounded by the disruption in regional trade, which had previously provided a buffer for Bolivia’s food prices.

In addition to the economic pressures, the government faces the challenge of implementing policies that can stabilize food prices. As inflation continues to outpace wage growth, vulnerable sectors of the population are at risk of deeper poverty, and the broader economy faces the potential for stagnation. The urgency for policies that ensure the sustainability of both the agricultural sector and food security cannot be overstated.

Bolivia’s food inflation crisis of 2024 poses a serious threat to its agricultural sustainability and economic stability. As food prices soar, urgent action is required to protect local farmers, stabilize prices, and ensure the country’s food security. While the global supply chain and regional economic conditions play a significant role, targeted domestic policies will be essential in mitigating the worst effects of this inflationary period.

Tags: agricultural economicsAgricultureBoliviaeconomic stabilityFood Inflationfood securityInflation Crisis
Previous Post

Sowing Independence: Malaysia’s Multi-Million Dollar Push for Onion Self-Sufficiency by 2030

Next Post

Turning the Tide: The Push for Mechanization in Seed Onion Cultivation

Next Post
Turning the Tide: The Push for Mechanization in Seed Onion Cultivation

Turning the Tide: The Push for Mechanization in Seed Onion Cultivation

  • Home
  • Privacy Policy
  • Privacy Policy of vegetables.news app

© 2020-2024 VEGETABLES NEWS

No Result
View All Result
  • NEWS
  • AGROTECHNOLOGY
  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING

© 2020-2024 VEGETABLES NEWS