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Reuters
Reuters
Business

Food prices rise in Jan., led by vegetable oils, 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

World food prices rebounded in January and remained near 10-year highs, led by a jump in the vegetable oils index, the U.N. food agency said on Thursday.

The Food and Agriculture Organization's (FAO) food price index, which tracks the most globally traded food commodities, averaged 135.7 points last month against an upwardly revised 134.1 in December. That figure was previously given as 133.7.

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