KONTAN.CO.ID - PARIS. World food prices rebounded in March from a three-year low, boosted by increases in vegetable oils, meat and dairy products, according to the United Nations food agency's latest price index. The Food and Agriculture Organization's (FAO) index, which tracks the most globally traded food commodities, averaged 118.3 points in March, up from a revised 117.0 points the previous month, the agency said on Friday. The February reading was the lowest for the index since February 2021 and marked a seventh consecutive monthly decline.
World Food Prices Rebound From Three-Year Low, Says UN Agency
KONTAN.CO.ID - PARIS. World food prices rebounded in March from a three-year low, boosted by increases in vegetable oils, meat and dairy products, according to the United Nations food agency's latest price index. The Food and Agriculture Organization's (FAO) index, which tracks the most globally traded food commodities, averaged 118.3 points in March, up from a revised 117.0 points the previous month, the agency said on Friday. The February reading was the lowest for the index since February 2021 and marked a seventh consecutive monthly decline.