World meals costs have elevated – 2024-06-22 01:32:47

by times news cr

2024-06-22 01:32:47

On the finish of Might 2024, the world meals value index elevated by 0.9 % in comparison with the April determine and reached a stage of 120.4 factors. The worldwide rise in meals costs is reported on the web site of the Meals and Agriculture Group of the United Nations (FAO), Day.Az stories close to Lenta.ru.

It’s famous that the rise within the index occurred largely towards the backdrop of rising costs for grains (plus 6.3 %, as much as 118.7 factors) and dairy merchandise (plus 1.8 %, as much as 126 factors). On the identical time, the meat value index, as analysts famous, remained nearly unchanged in Might (minus 0.2 %, to 116.6 factors), and the value index for sugar and vegetable oils confirmed a decline – by 7.5 and a couple of.4 %, as much as 117.1 and 127.8 factors, respectively.

The FAO emphasizes that the worldwide meals value index has been rising for the third month in a row. On the identical time, the Might determine was 3.4 % decrease in comparison with the extent of the identical interval in 2023 and 24.9 % lower than the utmost of 160.2 factors reached in March 2022. The UN meals group defined the Might improve within the index by quite a few components, together with the dangers of a decline in agricultural yields attributable to unfavorable climate situations and adverse penalties from the continued hostilities in Ukraine.

The expansion of the world meals value index has been growing since March 2024. Previous to this, it had been constantly declining for seven months. Nonetheless, in keeping with the outcomes of the primary month of spring, the indicator elevated by 1.1 % in comparison with February and reached a stage of 118.3 factors. Thus, since March, the world meals value index has elevated by a complete of two.1 factors.

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