Feedback | Monday, June 24, 2024

June 7, 2024 4:56 PM

World food prices rise for third straight month in May, UN says

The United Nations World Food Price Index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed drops in prices for sugar and vegetable oils. The U.N. Food and Agriculture Organization's price index, which tracks the most globally traded food commodities, averaged 120.4 points in May, up 0.9% from its revised April level, the FAO said on Friday. The May reading was nonetheless 3.4% below the level seen a year earlier. The FAO index hit a three-year l...

Copyright © 2024 DD News. All rights reserved
Visitors: 3937693
Last Updated: 23rd Jun 2024