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Global food prices hit 10-year high, UN reports

by All News Admin
June 4, 2021
in Business
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World meals costs jumped at their quickest month-to-month price for greater than a decade in Might, in accordance with the United Nations, amplifying fears that coronavirus-driven inflation is accelerating.

The UN Meals and Agriculture Organisation’s (FAO) meals value index, which tracks international costs of a variety of meals together with cereals, oilseeds, dairy merchandise, meat and sugar, additionally climbed for a twelfth straight month.

In keeping with the FAO, meals costs in Might had been 4.8 per cent increased than in April – the most important month-to-month rise since October 2010 – and 39.7 per cent increased than in Might 2020.



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