World food price index fell for sixth consecutive month in September: FAO

FAO's cereal price index rose 1.5 per cent month-on-month in September, with wheat prices climbing 2.2 per cent

Driven by a sharp fall in the international prices of vegetable oils and moderate decreases in those of poultry and dairy products, the Food and Agriculture Organization (FAO) on Friday said its world price index fell for the sixth month in a row in September.

FAO's food price index (FFPI), which tracks the most globally traded food commodities, averaged 136.3 points in September versus a revised 137.9 for August. The August figure was previously put at 138.0.

The index has fallen from a record of 159.7 in March. Despite the new decline, the FFPI remained 5.5 per cent above its