Global food commodity prices rose in April, driven by rising prices of cereals, meat and dairy products that outpaced declines in sugar and vegetable oils, the UN Food and Agriculture Organisation said today.
The FAO food price index, which tracks monthly changes in a basket of internationally traded food products, averaged 128.3 points in April, up 1 per cent from the March estimate of 127.1 points.
Note below the inflationary peak of 2022
