Global food prices rose in April for the third consecutive month, mainly due to the increase in vegetable oil prices and the rise in cereal and rice quotations, in a context of high energy costs and disruptions caused by the conflict in the Middle East, the United Nations Food and Agriculture Organization (FAO) said on Friday.
Global food prices rose in April for the third consecutive month, mainly due to the increase in vegetable oil prices and the rise in grain and rice quotations, amid high energy costs and disruptions caused by the conflict in the Middle East, the United Nations Food and Agriculture Organization (FAO) said on Friday.
“The benchmark index of global food prices rose in April for the third consecutive month, amid disruptions related to the Strait of Hormuz crisis,” the agency said in a statement.
