Trademagazin > News and articles > Market News > FAO: World food prices fell in May for the second month in a row
FAO: World food prices fell in May for the second month in a row
For the second month in a row, global food prices fell in May, mainly due to lower prices for vegetable oils and dairy products.
According to data released by the Food and Agriculture Organization of the United Nations (FAO) on Friday, the overall price index was 157.4 points in May, 0.9 percent lower than in April, when a 0.8 percent decline was recorded. Year-on-year, food prices were 22.8 percent higher in May this year. (MTI)
Related news
Food price increase to slow down significantly this year
Erste told at a press conference in April that food…
Read more >FAO’s guide to International Potato Day helps you prepare for the first World Potato Day on May 30
While preparations are already underway for the first celebration of…
Read more >FAO Cereal Supply and Demand Brief
FAO’s forecast for world cereal production in 2023/24 has been raised marginally…
Read more >
More related news >
Related news
About two million tons of food waste is produced in Hungary every year
The former president of the republic, János Áder, chairman of…
Read more >“To the bin with food waste” – the Nébih No Leftovers program announces a poster design competition
On the occasion of the Sustainability Theme Week, the program…
Read more >Paper packaging may not be the best
The environmental effects of packaging are receiving more and more…
Read more >