Global food prices dip for the fifth consecutive month

Global food prices dip for the fifth consecutive month

Global food prices dropped for a fifth straight month in August, but were still eight percent higher than a year ago, according to the UN food and agriculture agency. FAO's latest global food price index, published Friday, shows that the prices of five commodities cereals, vegetable oil, dairy, meat and sugar were lower in August than in July. On an average, rice prices held steady during...

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