Prices for food oils rose in 2024.
Photo: RALF HIRSCHBERGER / AFP/File
Source: AFP
World food commodity prices declined by 2.1 percent in 2024 compared to the previous year, the FAO said on Friday, but they remain considerably higher than before the Covid-19 pandemic.
The UN Food and Agriculture Organization’s overall Food Price Index averaged 122.0 points — 2.6 points or 2.1 percent lower than the average value in 2023.
However, food prices increased over the course of the year, with…
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