UN FAO’s global food prices fall for fifth month in a row
The UN FAO’s food prices index has fallen to a lower level than before Russia invaded Ukraine. …
The FAO index, a closely watched barometer, also showed that there were falls in the cost of its other food categories: dairy, meat and sugar. It said beef and other bovine product prices “declined on weak domestic demand in some leading exporting countries”, perhaps reflecting that consumers are switching to cheaper alternatives.
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