Global food prices fell for a third straight month in November, driven by declines in sugar, dairy and oil - though cereals bucked the trend with a modest rise
The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 126.4 points in October, down from a revised 128.5 in September
The Ministry of Economy claims to have initiated programs aimed at reducing poverty and unemployment, which it says could alleviate some of the nation's pressing challenges
Sugar prices led December's monthly decline, dropping 5.1 per cent month-on-month thanks to improving sugarcane crop prospects in the main producing countries to stand 10.6 per cent below its December
An index of food-commodity prices created by the United Nations' Food and Agriculture Organization rose to the highest level since August last year, according to data released
An index of food-commodity prices created by the United Nations' Food and Agriculture Organization fell about 10 per cent in 2023, according to data released on Friday.
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5% from November
World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of Ukraine, the United Nations food agency said
The continued decline offers some relief to households grappling with a cost-of-living crunch. The index is down for seventh month, its longest slump in 9 years, and food inflation has begun to slow
FAO's food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points last month, the highest reading since September 2011