Consumption: the FAO index fell to its lowest in 2 years

International prices of food products are in decline more than a year after Russia’s invasion of Ukraine. Last August, the FAO price index which tracks the evolution of food prices reached 121.4 points. This figure, down compared to that of July (124 points), represents the lowest level in two years. This downward dynamic made it possible to offset the appreciation in rice and sugar prices over the period under review.

Source: Africa News Agency