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Global food prices eased 10pc in 2023, says Food and Agriculture Organisation


January 7, 2024

UNITED NATIONS: Global food prices experienced a notable decline in 2023, further easing concerns over food inflation worldwide. The UN Food and Agriculture Organisation (FAO) reported on Friday that its Food Price Index (FFPI) concluded the year over 10 per cent below its December 2022 level. The index fell to 118.5, the lowest since February 2021, down 1.5pc from November …

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