: :inin Kyiv (EET)

World food prices rise to near two-year high in January: UN FAO


A local resident receives free food (frozen fish) at an emergency center after shelling hit supply infrastructure in the government-held industrial town of Avdiyivka, Ukraine, on February 1, 2017. Photo: Reuters
ROME: World food prices rose to a near two-year high in January, driven by surges in sugar quotations and export prices for cereals and vegetable oils, the United Nations food agency said on Thursday.

The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 173.8 points in January, versus a revised 170.2 in December.
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Source: The Himalayan Times

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