Bolivia, the Dominican Republic and Guatemala are the other most affected nations A report of the Inter-American Development Bank (IDB) said the consecutive increases in food prices worldwide will further burden the Honduran family shopping basket.

Such increases will also impact the inflation rate, which will exceed five percent this year, the IDB said.

Current world prices already exceed the record during the last global crisis three years ago, according to figures of the IDB and the United Nations Food and Agriculture Organization (FAO).

The international situation also sparked a speculative bubble in the domestic prices of the country, which could lead to a freeze in the cost of basic products, the Honduran Ministry of Industry and Commerce said.

The Honduran Congress passed a law in November of this year to combat speculation and hoarding, although local media reported the government ruling was not respected in the local market.

However, the costs are rising, including raw materials for poultry and livestock, according to many complaints to the Consumer Protection Division.