FAO: Food prices rose to a 10-year high last year
The organization’s food price index takes into account the international market prices of the five most important food raw materials – vegetable oils, cereals, meat, dairy products and sugar. Based on this, last year’s indicator increased by an average of 28.1 percent (27.6 points) to 125.7 points, the highest level since 2011, when the indicator was 131.9 points. (MTI)
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >In Turkey, retail sales growth slowed in May on an annual basis
In Turkey, retail sales growth in May was 5.8 percent,…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >