Food Prices Largely Unchanged in August, United Nations FAO Says
World food prices were little changed last month, as higher vegetable oil and meat prices offset declines in dairy and cereal, the Food and Agriculture Organization of the United Nations said.
The FAO's food price index, which tracks a basket of staple foods, averaged 130.1 points in August, just above July's revised level of 130 points and 6.9% higher than a year earlier. The gauge remains 18.8% below the March 2022 peak reached after Russia's invasion of Ukraine.
Vegetable-oil prices were up...
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