Global food prices reach record high in September amid harvest issues and rising demand for vegetable oils, sugar & cereals

The world’s food price

The world’s food price index in September rose for the second consecutive month to its highest level in 10 years, data from a press release of the Food and Agriculture Organization of the United Nations (FAO) shows.

FAO’s food price index, which tracks global prices of the most internationally traded foods, rose 130 points last month to its highest level since September 2011. In total, food prices were up 32.8% on a year-on-year basis.

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