DJ World Food Prices Fall for Fourth Straight Month, U.N. FAO Says
By Giulia Petroni
Global food prices fell for a fourth consecutive month in December, when declines in dairy and meat outweighed gains in cereals and sugar, the United Nations’ Food and Agriculture Organization said.
The FAO’s food price index–which tracks a basket of widely traded food commodities–averaged 124.3 points in December, down 0.6% from November and more than 22% below the March 2022 peak after Russia’s invasion...
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