Global food prices rose in July – FAO
prices continued rising for the second consecutive month in July, led by vegetable oils and dairy products, the Food and Agriculture Organisation has said., which tracks international prices of the most commonly traded food commodities, price index averaged 94.2 points in July, a 1.2 per cent increase from June and nearly 1.0 per cent higher than July 2019.
It said the FAO Dairy Price Index rose 3.5 per cent in the month with all products from butter and cheese to milk powders rising. The FAO Meat Price Index in contrast declined by 1.8 per cent in July and averaged 9.2 per cent below its level of July 2019.
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