FAO Food Price Index rebounds in January

The FAO Food Price Index rose by nearly two percent or four points from December to January – its first increase since July 2011.

Prices of all the commodity groups in the index registered gains last month with oils increasing the most, followed closely by cereals, sugar, dairy products and meat. At its new level of 214 points, the index stood 7 percent lower than in January of last year, however.

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