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FAO: World food prices reduced by almost 14% in 2023

by mariam.mtivlishvili
January 9, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
FAO: World food prices reduced by almost 14% in 2023

In 2023, world food prices decreased by 13.7%, and in December, in annual terms, prices decreased by 10.1%, the report of the United Nations Food and Agriculture Organization (FAO) notes.

According to the results of 2023, the prices decreased by these indicators: the price index of cereals by 15.4%, the price index of vegetable oil by 32.7%, the price index of milk products by 16.6%, the price index of meat by 3.5%. And the sugar price index with the total results of 2023 increased by 26.7%.

 

By Mariam Mtivlishvili

Tags: FAO
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