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World food prices dip in October, but remain higher than a year ago

PARIS: World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still nearly 6% higher than a year earlier, the United Nations’ Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks monthly changes in international prices for a basket of food commodities, averaged 133.9 points in…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    World food prices dip in October, but remain higher than a year ago (opens Business Recorder in a new tab)

    PARIS: World food prices edged lower in October as weaker import demand contributed to monthly declines in cereal, dairy and meat prices, but were still nearly 6% higher than a year earlier, the United Nations’ Food and Agriculture Organization said on…

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