Mar 08, 2024 02:55 PM IST
The Food and Agriculture Organization’s (FAO) price index tracks the most globally traded food commodities.
The United Nations food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat.
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The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally traded food commodities, averaged 117.3 points in February, down from a revised 118.2 points the previous month, the agency said on Friday.
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The February reading was the lowest since February 2021.
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