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World food prices have been falling for 11 months in a row
In February, the average value of the FAO Food Price Index reached 129.8 points, which is 0.6% less than in January. This is the lowest level in 17 months.
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'Grain Initiative' contributes to falling global food prices
In particular, the food price index of the Food and Agriculture Organization of the United Nations (FAO) at the end of August was 138 points. This is 2% less than in July. It is also 13.6% less than in March this year, when the maximum growth of the index was fixed. This is reported by the press service of the Ministry of Infrastructure.
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For 5 months in equal, global charging territories start again
FAO Food Price Index is 1.9 percent, and new FAO projects indicate a move in total production in 2022.
