Food Prices Fell in September, United Nations FAO Says
Global food prices eased slightly in September, driven by lower prices for sugar and dairy, the Food and Agriculture Organization of the United Nations said.
The FAO's food price index, which tracks a basket of staple foods, averaged 128.8 points in September, down from August's revised level of 129.7 points but 3.4% higher than a year earlier. The gauge remains 19.6% below the March 2022 peak reached after Russia's invasion of Ukraine.
Sugar prices plunged 4.1% last month, reaching their lowest level since March 2021, on higher-than-expected...
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