Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says

FILE PHOTO: Customers walk past a fruit stall at a street market, in Mexico City, Mexico December 17, 2021. REUTERS/Luis Cortes/File Photo

(This March 4 story corrects to replace year-on-year pct change in headline and first paragraph to 20.7% from 24.1% after FAO issued an official correction)

ROME (Reuters) - World food prices hit a record high in February, led by a surge in vegetable oils and dairy products, to post a 20.7% increase year-on-year, the U.N. food agency said on Friday.