CARICOM food import bill, food security and nutrition
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The high food import bill puts pressure on already-stressed Caribbean national budgets through the need for increased foreign exchange to purchase imports and the fact that higher food prices also require increased social protection programmes. Food price inflation between July 2006 and July 2008 surpassed overall and non-food-item inflation in several Caribbean countries, with increased prices of imported food products being a major contributor to this inflation.