Economic Indicators

U.N. food price index falls again in July

2022.08.05 11:11

U.N. food price index falls again in July
FILE PHOTO: A load of corn is poured from a truck into a grain silo on a family farm in Ravenna, Ohio, U.S., October 11, 2021. REUTERS/Dane Rhys/

LONDON (Reuters) – The United Nations food agency’s world price index declined again in July, edging further away from all-time highs hit in March.

The Food and Agriculture Organization’s (FAO) index, which tracks the most globally traded food commodities, averaged 140.9 points last month versus a revised 154.3 for June.

The June figure was previously put at 154.2.

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