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FAO reports record food prices since 2022
The Food and Agriculture Organization (FAO) reported that global food prices rose in August to their highest level since late 2022, due to adverse weather conditions and disruptions caused by the war in the Gulf and the Black Sea, fueling concerns over essential crop supplies. The FAO Food Price Index in August reached 133.3 points, up from 130.8 points in July, marking the highest level since November 2022.
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