23 Hrs
Source:
وكالة الأنباء القطرية
Global food prices hit 3-year high in July
Global food prices in July rose to their highest levels in over three years, driven by adverse weather conditions and increased conflicts in the Gulf and Black Sea regions. The Food Price Index issued by FAO reached 131.1 points, up from 130.3 in June, with notable increases in vegetable oils and wheat prices. Wheat prices surged by 5.8% due to fears of export disruptions and damage to crops caused by heatwaves. Sugar prices also climbed by 5.6%, while prices for meat and dairy declined by 2.8% and 0.7%, respectively.
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