Naijacrux News:Welcome to Naijacrux Online Forum..Great Place To Get Tips Facts Updates and More ,Interact Discuss & Learn With Others !!.remember to register to enjoy much more update!!!New Updates From Naijacrux -Naijacrux Is Now Mobile Friendly - Download Our Android App On Our Forum Rules And Announcement Section.Our App Will be Live On Google Playstore And IOS Store Soon Aswell - CLICK HERE TO DOWNLOAD NAIJACRUX ANDROID APP !!! Dear Guest And Naijacrux Dedicated Members,!!! ,  You Can Now Receive Naijacrux Weekly New Post and Updates Via Email by Subscribing To Our Newsletter Using The Subscribe Button Above The Naijacrux Announcement And Discussion At The Top Home Page!!Never Miss A New Post And Updates Again.!Thank You.  !!!YOU ARE WELCOME TO NAIJACRUX INFORMATIVE LEARNING AND INTERACTIVE FORUM.This Website is an Intensive Forum of Learning We recommend you Register & Login to Enjoy much free stuffs ::>>Also remember to Update your Profile Immediately after registration. Thank you!>>>!!!!To All Advertisers And Patronizers, kindly Send Mail To [email protected] For adverts Placement. thanks!!!


Author Topic: Global food prices dropped by 2.1 percent In 2024 – FAO  (Read 4203 times)

0 Members and 1 Guest are viewing this topic.

Offline Postmaster

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1271
  • Karma: +0/-0
Global food prices dropped by 2.1 percent In 2024 – FAO
« on: January 06, 2025, 09:02:11 AM »
Advertisement


Global food commodity prices declined by 2.1 percent in 2024 compared to the previous year.

This is according to recent data from the Food and Agriculture Organisation of the United Nations.

Despite the decline in global commodity prices, FAO said that prices remain significantly higher than pre-Covid-19 levels.


The FAO’s overall Food Price Index averaged 122.0 points in 2024, representing a decline of 2.6 points, or 2.1 percent, from the average value in 2023.

Despite this yearly decrease, food prices rose over the course of 2024, with the index increasing from 117.6 points in January to 127.0 in December—a 6.7 percent rise over the year, driven by increases in meat, dairy, and vegetable oil prices.

Recall that global food prices initially declined during the COVID-19 pandemic due to trade disruptions but subsequently soared amid surging inflation as the global economy recovered.

This comes as Russia’s invasion of Ukraine in February 2022 caused prices to spike to record highs, given that both nations are major wheat exporters. However, efforts to maintain shipments allowed prices to ease until early 2024.


 

 

IFPRI - International Food Policy Research Institute Release Africa Hunger Index

Started by admin

Replies: 0
Views: 3154
Last post October 13, 2015, 12:00:22 PM
by admin
alarm raised over looming food scarcity, famine in some southwest states

Started by bellanaija

Replies: 0
Views: 12716
Last post March 08, 2021, 12:58:40 PM
by bellanaija
Aid Agencies Struggles to Provide Food to South Sudanese Refugees in Uganda

Started by Naijaloaded

Replies: 0
Views: 3505
Last post March 03, 2017, 08:47:00 AM
by Naijaloaded
food waste at festive period alarming in Nigeria despite hard times

Started by guruslodge

Replies: 0
Views: 4083
Last post December 27, 2023, 09:03:46 AM
by guruslodge
Turkey and Iran Send Food to Qatar Amid Fears of Shortages

Started by mastercode

Replies: 0
Views: 2371
Last post June 12, 2017, 12:35:52 AM
by mastercode