FAO says world food prices rose in April, the first time in a year
A food market in Kenya’s Nyeri town. The United Nations food agency's world price index rose in April for the first time in a year. PHOTO | JOSEPH KANYI | NMG
The United Nations food agency's world price index rose in April for the first time in a year but is still some 20 percent up on a record high hit in March 2022 following Russia's invasion of Ukraine.
The Food and Agriculture Organisation's (FAO) price index which tracks the most globally traded food commodities, averaged 127.2 points last month against 126.5 for March, the agency said on Friday. The March reading was originally given as 126.9.