World food prices at five-year high in December: UN

 

ANKARA-Anadolu Agency

via Hurriyet Daily News - January 09 2020

 

Global food prices hit a five-year high in December, the UN Food and Agriculture Organization (FAO) said on Jan. 9.

 

The FAO Food Price Index soared 2.5 percent on a monthly basis, averaging 181.7 last month, due to strong rallies in vegetable oils, sugar and dairy markets, said the FAO.

 

The figure for 2019, however, was 171.5 points on average, up 1.8 percent from previous year...

 

... The meat price index was almost unchanged during the same period...

 

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