FAO Food Price Index declines for the 11th consecutive month
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EVEN as the price of food remains very high on local shelves, with businesses giving a myriad of excuses for this – including the war in Ukraine and climate change – a release from the United Nations' Food and Agriculture Organization (FAO) is pointing to a decline in January of the benchmark index of international food commodity prices.
The content originally appeared on: News Americas Now Black Immigrant Daily News The content originally appeared on: Trinidad and Tobago Newsday News File p ...
Global food prices dropped for the 10th consecutive month in January, the Food and Agriculture Organisation of UN said, adding the latest index averaged 131 points, down 0.8% since December. FAO reported minor price drop on its meat and sugar indices.