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World food prices reach 18-month high in October, UN says
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World food prices reach 18-month high in October, UN says
Nov 9, 2024 12:54 PM

PARIS, Nov 8 (Reuters) - The United Nations' world food

price index rose in October to its highest level since April

2023 as vegetable oils led increases seen in most food staples,

data showed on Friday.

The price index, compiled by the U.N. Food and Agriculture

Organization (FAO) to track the most globally traded food

commodities, increased to 127.4 points last month from a revised

124.9 points in September.

Prices of all categories rose apart from meat, with

vegetable oils jumping more than 7% from the previous month,

supported by concerns over palm oil production, the FAO said.

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