Global food prices index fell 10% in 2023: FAO ...Middle East

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Rome: Global food prices declined again in December 2023, falling by 1.5 per cent from the previous month and ending the year 10.1 per cent below its year-earlier level, the UN’s Food and Agriculture Organization (FAO) said. The Rome-based FAO said that in December 2023, prices rose for dairy products and grains and cereals, but were more than compensated for by lower prices for sugar, vegetable oils and meat, reports Xinhua news agency. Grains and cereals, the largest component in the index, saw their prices rise 1.5 per cent. However, they still ended the year 16.6 per cent below levels from December 2022, according to the FAO. Dairy prices gained 1.6 per cent in December but were down by

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Last updated : 06 January 2024 clock 10:41 AM

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Global food prices index fell 10% in 2023: FAO ...Middle East

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