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Benchmark of global food prices eases from painful record highs

FAO's Food Price Index tracks five commodity groups. Experts say food distribution is a worry even if supplies are plentiful.


A key index of monthly prices for food commodities shows a 13.7% year-on-year drop from the spike that began with Russia's war in Ukraine.

The index for 2023 was 13.7 percent lower than the average value from the preceding year, but sugar and rice prices rose during that time, the Food and Agriculture Organization reported on Friday.

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