Global food prices fell by 10.1% in December 2023, compared to the same month in 2022, and by 1.5% compared to November,
according to a report from the Food and Agriculture Organization of the UN (FAO) report. According to the experts, in 2023 the index was 13.7% below the previous year’s average, and only the international sugar price index was higher for this period. In particular, the cereal price index in December 2023 increased by 1.5% compared to November due to higher prices for wheat, corn, rice, and barley, as well as logistical disruptions. Overall, the index for the year was 15.4%