Global food prices index fell 10 pct in 2023: FAO

ROME: Global food prices declined again in December, falling by 1.5 percent from the previous month and ending the year 10.1 percent below its year-earlier level, the United Nations Food and Agriculture Organization (FAO) said on Friday. The FAO said that in December, prices rose for dairy products and grains and cereals, but were more than compensated for by lower prices for sugar, vegetable oils and meat. Grains and cereals, the largest component in the index, saw their prices rise 1.5 percent. However, they still ended the year 16.6 percent below levels from December 2022, according to the...

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Global food prices index fell 10 pct in 2023: FAO

ROME: Global food prices declined again in December, falling by 1.5 percent from the previous month and ending the year 10.1 percent below its year-earlier level, the United Nations Food and Agriculture Organization (FAO) said on Friday. The FAO said that in December, prices rose for dairy products and grains and cereals, but were more than compensated for by lower prices for sugar, vegetable oils and meat. Grains and cereals, the largest component in the index, saw their prices rise 1.5 percent. However, they still ended the year 16.6 percent below levels from December 2022, according to the...

Ratopati English मंसिर २०८०

Global food prices up 28.1 pct in 2021: FAO

GENEVA, Jan. 8: Although global food prices decreased slightly in December 2021 month-on-month, they were much higher throughout last year than in 2020, the United Nations (UN) said on Friday. Abdolreza Abbassian, senior economist of the UN Food and Agriculture Organization (FAO), told a press briefing here that in 2021, the FAO Food Price Index was 28.1 percent higher than in 2020. Global cereal prices were at their highest level since 2012, on average 27.2 percent above 2020 prices, he said. According to the UN official, in 2021, vegetable oil prices increased by 65.8 percent over 2020; sugar prices soared to their highest level since 2016; meat prices were 12.7 percent above 2020 prices; and dairy prices were 16.9 percent higher than in 2020. "The monthly increase in prices since the last quarter of 2020 was a signal for producers to produce more, but whether or not 2022 would see an adjustment depends on several factors, including the repercussions of the pandemic, the cost of fertilizers and climate conditions," he noted.

Ratopati English मंसिर २०७८

World food prices climb in November, stay at 10-year peak: FAO

World food prices rose for a fourth straight month in November to remain at 10-year highs, led by strong demand for wheat and dairy products, the U.N. food agency said on Thursday.

The Himalayan Times कार्तिक २०७८

World food price index climbs in April, highest since mid-2014 -FAO

World food prices increased for a 11th consecutive month in April, hitting their highest level since May 2014, with sugar leading a rise in all the main indices, the United Nations food agency said on Thursday.

The Himalayan Times चैत्र २०७७