Global food prices drop 2% in 2024 — FAO

Global food commodity prices declined by 2.1 per cent in 2024 compared to the previous year, the Food and Agriculture Organisation of the United Nations reported on Friday. However, prices remain significantly higher than pre-Covid-19 levels. The FAO’s overall Food Price Index averaged 122.0 points in 2024, representing a decline of 2.6 points, or 2.1

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