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 int... #FAO #FoodPrices #GlobalEconomy #GlobalFoodPrices
This year, global food imports may rise to a record $1.98T. This forecast is 1.5% higher than 2022’s record figure, which was estimated at $1.95T, said Maximo Torero, the chief economist of the UN Food Organization. He stressed that despite reaching a ne... #FoodImports #GlobalFoodPrices #GlobalFoodSecurity #MaximoTorero
Last year, the price of food products in the world rose to record heights. Average global food prices in 2022 were 14.3% higher than in 2021. The FAO food price index rose to its maximum since the beginning of the calculation in 1990 – 143.7 points, according to the UN... #FAOindex #GlobalFoodPrices
The world’s food prices continue to drop. Global food prices fell for the sixth consecutive month in September after hitting a record high in March 2022. A sharp drop in oil prices more than offset the rise in grain prices, according to the F... #FAO #GlobalFoodPrices
Global food prices have decreased for the fifth month in a row. According to a FAO publication, world food prices fell again in August after hitting a record high in March 2022 but remain 7.9% higher than a year earlier. In August, the FAO Food Price Index was 138... #FAO #GlobalFoodPrices
Global food prices increased by 40% yoy, reported the Food and Agriculture Organization of the United Nations. After a 5% jump in May over April, the FAO Food Price index increased by 121.7 points, just short of a record high hit a decade ag... #FoodPrices2021 #foodpricesgoup #GlobalFoodPrices