World food prices mark decline of 20.5 per cent

World food prices mark decline of 20.5 per cent

Global food prices have dropped by 20.5 per cent from the point of a year ago. So has the United Nations Food and Agriculture Organization announced on Friday. The food index fell for the twelve months in March, until it was scored 126.9 points, which is 2.1 percent less than [...]

So has the United Nations Food and Agriculture Organization announced on Friday.

The food gap fell for the twelve months in March, until it was scored 126.9 points, which is 2.1 per cent less than the month before and 20.5 per cent below the peak level of 2022-”.

This is stressed because of increased supply, reduced import demand and expansion of the Black Sea Initiative for wheat supply”.

The cereal index dropped by 5.6 per cent during February, with the international flour price of 7.1 per cent.

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