October 19, 2021

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

Chart of the Day | Global food prices stay on upward course

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, Chart of the Day | Global food prices stay on upward course, The World Live Breaking News Coverage & Updates IN ENGLISH
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, Chart of the Day | Global food prices stay on upward course, The World Live Breaking News Coverage & Updates IN ENGLISH

Tight supply conditions and steady-to-improving demand are driving up global food prices. The situation back home is, thankfully, not as alarming

, Chart of the Day | Global food prices stay on upward course, The World Live Breaking News Coverage & Updates IN ENGLISH

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The FAO Food Price Index is back on an uptrend after a brief dip that had given rise to hopes of food inflation backing down. In September, the index rose by 1.2 percent over the previous month and a whopping 32.8 percent over a year ago. The price of cereals rose by 2 percent over a month ago, with wheat prices rising the most due to improving demand and tighter availability. Rice and barley prices rose too. Vegetable oils continue…

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