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Global food prices drop 2% in 2024 — FAO

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submitted 11 months ago by uzong

submitted 11 months ago by uzong

  • Global food commodity prices decreased by 2.1% in 2024 compared to the previous year, but they are still higher than before the Covid-19 pandemic.
  • The Food and Agriculture Organisation of the United Nations reported that the overall Food Price Index averaged 122.0 points in 2024, with prices rising throughout the year, driven by increases in meat, dairy, and vegetable oil prices.
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