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FIRST FAO: food prices explode
date:Mar 17, 2014
World market prices for basic food items has, over the last month, seen the biggest increase since mid 2012. The Food and Agricultural Organisation of the UN (FAO) reported that in February the price index reached 208.1 points and overtook the previous month by 5.2%. The UN organisation stressed that last month's prices were still 2.1% lower that the same time last year.

Meanwhile, in February, the average meat price was 0.5% lower, while the prices of other product groups rose. Grain was 3.6%

07/14 01:35