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Reuters
Reuters
Business

World food index slips in Oct despite higher cereal prices -FAO

FAO United Nations
FILE PHOTO: A farmer drives his tractor to prepare his field to sow wheat in Havrincourt, France, October 26, 2022. REUTERS/Pascal Rossignol/File Photo

The United Nations food agency's world price index edged slightly lower in October, the seventh consecutive monthly fall and some 14.9% down from its all-time high recorded in March.

The Food and Agriculture Organization (FAO) said on Friday that its price index, which tracks the most globally traded food commodities, averaged 135.9 points last month versus a revised 136.0 for September.

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