FAO reports about decreasing food prices

By: trademagazin Date: 2011. 12. 09. 13:50

According to the fresh analysis of UN's Food and Agriculture Organization, global food prices have slowed a decline in November.

The FAO food price index was 215 points in November. The FAO food price index is calculated in each month on the basis of the changes in the price of cereals, oilseeds, dairy and meat products, and sugar prices.

Currently, prices are 10 percent lower than during the peak in February – reports Viággazdaság Online.

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