Food prices worldwide surge to record highs in February

AMMAN — The Food and Agriculture Organization (FAO) said that food prices worldwide surged to record highs in February, according to Amman Net.اضافة اعلان

FAO’s report stated that food prices worldwide jumped by 24.1 percent on an annual basis, led by vegetable oils and dairy products.

The FAO Food Price Index, which tracks the most traded food commodities in the world, averaged 140.7 points in February, compared to 135.4 in January.

The report stated that the rise in food prices contributed to the increase in inflation as economies are recovering from the pandemic-induced crisis.


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