World food prices hit record high in 2022

The Food and Agriculture Organization's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 143.7 points in 2022, up 14.3% from 2021, and the highest since records started in 1990, the agency said on Friday.

The index had already gained 28% in 2021 from the previous year as the world economy recovered from the impact of the pandemic.

(Cover: combines harvest wheat in a field in the Rostov Region, Russia, July 7, 2022. /Reuters)

Source(s): Reuters

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