Food price index up to 172.7 pts in X – FAO

The world food price index rose to 172.7 points in October from 169.7 points in September, according to data from the Food and Agriculture Organization of the United Nations (FAO).

“The increase in October was the first significant increase in the value of the index since May 2019. The increase was fueled by soaring prices for sugar, cereals and, to a lesser extent, meat and vegetable oils. They offset the slight decline in the value of the dairy products index," the report reads.

In October 2018, the index was at the level of 162.9 points. 

(PAP)