World Food Prices Fell For 9th Consecutive Month In December – FAO

The UN agency made this known in its latest food price index released on Friday.

It said the food price index, which tracks international prices of the most globally traded food commodities, averaged 132.4 points in December, down by 1.9 per cent from November, as well as 1 per cent below its value last year.

It, however, said for 2022 as a whole, the index averaged 143.7 points in 2022, up by 14.3 per cent from 2021.