Food prices remained high in the poor countries

By: trademagazin Date: 2009. 07. 23. 00:25

According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the weakening of the crisis, and the high prices of developing countries have been st

The basic foods are still very expensive in the developing countries, despite the fact that the recent decrease in international market prices, and the crop forecasts are good this year – states UN Food and Agriculture Organization (FAO). In many countries prices have been stuck on the record level of the year earlier, or in some cases exceed it.
In Hungary in June prices were 3.7 percent higher than a year ago Food products increased by 5.9 percent – reports Népszabadság Online.

 

Related news