{"id":108635,"date":"2021-03-04T10:04:36","date_gmt":"2021-03-04T10:04:36","guid":{"rendered":"https:\/\/fin2me.com\/?p=108635"},"modified":"2021-03-04T10:04:36","modified_gmt":"2021-03-04T10:04:36","slug":"world-food-price-index-rises-in-feb-for-ninth-month-running-fao","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/world-food-price-index-rises-in-feb-for-ninth-month-running-fao\/","title":{"rendered":"World food price index rises in Feb for ninth month running -FAO"},"content":{"rendered":"
ROME, March 4 (Reuters) – World food prices rose for a ninth consecutive month in February, hitting their highest level since July 2014, led by jumps in sugar and vegetable oils, the United Nations food agency said on Thursday.<\/p>\n
The Food and Agriculture Organization\u2019s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 116.0 points last month versus a slightly revised 113.2 in January.<\/p>\n
The January figure was previously given as 113.3.<\/p>\n
The Rome-based FAO also said in a statement that worldwide cereal harvests remained on course to hit an annual record in 2020, adding that early indications pointed to a further increase in production this year.<\/p>\n