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FAO: the world’s food prices increased in April

Par D . | 1 hour ago

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The world prices for foodstuffs increased in April, under the effect of the rise in cereal, meat and dairy products, the United Nations Food and Agriculture Organization (FAO) said on Friday.

The FAO index of food prices, which follows the monthly variations of a basket of products exchanged internationally, established on average at 128.3 points in April, up 1 % compared to the estimate of 127.1 points in March and 7.6 % compared to the same month of last year.

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The price of cereals increased by 1.2 % compared to March. The world prices of wheat have increased slightly, supported by the tightening of exportable stocks in the Russian Federation, while the FAO index of rice prices has progressed due to a stronger demand for scented varieties.

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wheat, cereals, global demand, economic development, fao, price increase, food inflation, international market, food prices, dairy products, rice, food price trends, meat

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