FAO: Global food prices peak since 2022
Global food prices rose in August to their highest levels since late 2022, according to the United Nations Food and Agriculture Organization (FAO). This increase reflects the impact of poor weather conditions and tensions arising from the war in the Middle East and the Black Sea region, which have heightened concerns over supplies of essential crops. The Food Price Index stood at 133.3 points, up from 130.8 points in July, indicating that the global market has been affected by both climatic and political factors.
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