The Food and Agriculture Organisation food price index, which tracks the monthly change in international prices of a basket of food commodities, has been falling steadily since hitting an all-time high in March following Russia’s invasion of Ukraine.Vegetable oils have fallen below their level a year ago, after a 3.3 percent drop.
The FAO cereals index fell by 1.4 percent, driven by a 5.1 percent drop in international wheat prices.
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