World Food Prices Fall For Second Consecutive Month in October, UN's FAO Says
World food commodity prices fell for a second consecutive month in October, driven largely by ample global supplies, the United Nations' Food and Agriculture Organization said on Friday.
The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 126.4 points in October, down from a revised 128.5 in September.
The index was down slightly compared to its October 2024 level and stood 21.1% below its March 2022 peak.
It had climbed to a...
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