Global food prices rose in August to their highest level since late 2022, driven by adverse weather conditions and supply disruptions linked to conflicts in the Gulf and Black Sea regions, the U.N. Food and Agriculture Organization said Friday.
The FAO’s Food Price Index, which tracks monthly changes in international prices of a basket of widely traded food commodities, averaged 133.3 points in August, up from a revised 130.8 points in July.
The increase came amid growing concerns over supplies of key crops, the FAO said.
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