20 Hrs
Source:
خبرني
Food Falls Sugar Surges
Global food prices edged down slightly in October, with the Food and Agriculture Organization’s (FAO) index averaging 133.9 points, down from 135.6 in September. However, it remained 5.9% higher year on year. Cereal prices fell 4.5% month on month, while dairy and meat prices declined by 1.1% and 1.2%, respectively, amid weak demand and lower prices for wheat, corn and other products. By contrast, sugar prices rose 6.6% during the month, bringing their annual increase to 28.8%, while vegetable oil prices climbed 0.3%.
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