Global food prices fall for the first time in 12 months

Global food prices fall for the first time in 12 months


According to the data of the United Nations Food and Agriculture Organization, the Food Price Index decreased by 2.5 percent on a monthly basis in June and increased by 33.9 percent on an annual basis.

The monthly decline that took place last month was the first time in a full year. Considering the developments in prices, it was observed that while meat and sugar prices increased, there was a decrease in dairy products prices.

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