A slight decrease occured in global food prices in July

By: trademagazin Date: 2016. 08. 08. 11:40

Food and Agriculture Organization of the United Nations announced (FAO), on Thursday, said food prices have seen a slight decrease in July, noting that the decline was the result of the decline in world prices for cereals and vegetable oils.


The organization said in a statement received by the agency news of the day a copy of the “world prices of staple foods have seen a slight decrease in the month of July after successive rises in the previous five months,” pointing out that “food price index hit 161.9 points in July 2016, a decrease of 0.8 percent (1.3 points) from its level in June and 1.4 percent from its level in July 2015 “. (MTI)

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