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Food price index starts 2016 dropping to nearly 7-year low - UN agency

Food price index starts 2016 dropping to nearly 7-year low - UN agency

Feb 05, 2016, at 02:41 pm

New York, Feb 5 (Just Earth News/IBNS) The global Food Price Index, calculated by the United Nations Food and Agriculture Organization (FAO) on a monthly basis, fell in January, slipping 1.9 percent below its level in the last month of 2015, as prices of all the commodities it tracks dropped, sugar in particular.

Food price index drops in December due to abundant supplies, slow economic growth - UN agency

Food price index drops in December due to abundant supplies, slow economic growth - UN agency

Jan 08, 2016, at 02:58 pm

New York, Jan 8 (Just Earth News/IBNS) Prices of major food commodities declined for the fourth year in a row in 2015 according to the UN Food and Agriculture Organization (FAO), averaging 19.1 per cent below their previous-year's levels, while the agency also reported on Friday that the dwindling global economy has triggered sharp price falls from metals to energy markets.