World food price index rebounds in July -FAO ...Middle East

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World food price index rebounds in July -FAO
The United Nations food agency's world price index rebounded in July from two-year lows as vegetable oil markets jumped on renewed tensions over exports from war-torn Ukraine and concerns over global production. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally-traded food commodities, averaged 123.9 points in July against a revised 122.4 for the previous month, the agency said on Friday.

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