Noticias

Global food prices continue to fall

Russia
Ukraine
Publicado 2 de jun. de 2023

Resumen de Tridge

Prices of staple foods such as grain, dairy and palm oil fell further last month. This is partly due to the extension of the grain deal between Russia and Ukraine and a better harvest. The lower prices may mean that we will soon spend less in the supermarket. That would not be a superfluous luxury, because food and drinks have become considerably more expensive recently. For example, the prices of eggs, milk and cheese are no less than 23.8 percent higher than a year ago. Global food prices are tracked by the world food organization FAO. It keeps track of a price index based on different types of food, and it fell by 2.6 percent last month. This is partly because dairy was 3.2 percent less expensive than in April. Compared to the same month last year, it was even almost 18 percent cheaper. Vegetable oils from sunflowers or soya, for example, were also less expensive, as were wheat and corn. On the other hand, rice and meat are more expensive…

Contenido original

Prices of staple foods such as grain, dairy and palm oil fell further last month. This is partly due to the extension of the grain deal between Russia and Ukraine and a better harvest. The lower prices may mean that we will soon spend less in the supermarket. That would not be a superfluous luxury, because food and drinks have become considerably more expensive recently. For example, the prices of eggs, milk and cheese are no less than 23.8 percent higher than a year ago. Global food prices are tracked by the world food organization FAO. It keeps track of a price index based on different types of food, and it fell by 2.6 percent last month. This is partly because dairy was 3.2 percent less expensive than in April. Compared to the same month last year, it was even almost 18 percent cheaper. Vegetable oils from sunflowers or soya, for example, were also less expensive, as were wheat and corn. On the other hand, rice and meat have become more expensive. The biggest outlier is sugar. ...
Fuente: Nu
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