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World food price index falls in February for seventh straight monthThe February reading was the lowest since February 2021
Reuters
Last Updated IST
<div class="paragraphs"><p>The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 117.3 points in February, down from a revised 118.2 points the previous month, the agency said on Friday.</p></div>

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 117.3 points in February, down from a revised 118.2 points the previous month, the agency said on Friday.

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London: The United Nations food agency's world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat.

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The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 117.3 points in February, down from a revised 118.2 points the previous month, the agency said on Friday.

The February reading was the lowest since February 2021.

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(Published 08 March 2024, 15:18 IST)