FAO: food prices at a more decade of peak

By: Trademagazin editor Date: 2021. 12. 06. 10:02

The rise in prices on the international food raw materials market has continued after strong demand occured for cereals and dairy products in the past month, according to a report by the Food and Agriculture Organization of the United Nations (FAO) – portfolio.hu wrote.

FAO: food price index rises further, dairy prices rise in November

The FAO food price index has risen 1.2 percent since October, breaking a new high of more than 10 years. The indicator, which follows the monthly change in the prices of the most important food raw materials in international trade, was 27.3 percent higher than a year ago. (portfolio.hu)