FAO: food prices breaking records

By: trademagazin Date: 2011. 01. 05. 14:56

According to the datas of the UN Food Organization (FAO); the global index indicating the prices of food, increased to record heights.

The driving force behind the price increase, is the increase of the prices of mainly sugar, cereals and oil. After today's announcement it is officially became evident, that the food price crisis of the last half-year exceeds the level of the food price crisis of 2008. The index jumped to 214.7 points in December, from the 206 points of November – reports Világgazdaság Online, after Reuters.

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